TSXV:VER.H - Post by User
Post by
agilenton Feb 15, 2008 12:55pm
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Post# 14380187
Q1 and beyond
Q1 and beyondwere the results that bad and future bleak? a good shakeout or what?
one thing i noticed which i didnt know, from the results is that the long term debt default. big guys were aware of it and thus was a sell of.
for future, they are paying over 12m, a one time payment to the loan sharks to not bother them for a while. this to me shows, there was a BIG problem they were having in paying them. not a good sign. But they also resolved it.
i think, now for future this may not be a case for a while and this should appreciate if they continue to getting contracts from LM and from asian countries