NYSEAM:SIF - Post by User
Comment by
leslie000on Mar 17, 2006 9:06pm
271 Views
Post# 10529398
RE: I'm waiting Baudelaire for your responce
RE: I'm waiting Baudelaire for your responce None of these responses has addressed the issue I raised:
The company has run out of cash. 1/3 of the distributions Q2 were in excess of cash earned. 95% of distributions Q3 were funded by debt. The company is in a net debt position.
You can refuse to acknowlege it, and you can put your head in the sand, and you can say ... 'but this doesn't count, and that doesn't count'. At the end of the day THEY ARE OUT OF CASH.