RE: RE: RE: RE: Convertible debentures worth throw Well Moneyguy I was going to give you a full blown response but after you took a cheap shot with the following statement, I will respond to just that one statement that I am taking issue with.
"But you did a couple of weeks ago by suggesting the debt was higher than a poster calculated - and we called you on it - and you gave a weak excuse."
It was higher. You stated that you knew that he did not include the moneys due in 2012. He reposted including those numbers and I responded to you that I have no problem with the revised post, because it now includes it all. You call that weak? I was dead on with it.
Posters here want to show debt repayment using EBITDA numbers. Do you have a problem with that, or is that ok too? You pay bill with 'Earnings After' not 'Earnings Before'. Try going to the bank and get a loan based on your earnings before income tax, credit card payment, alimony payments and costs to maintain your family and home. You want to know something...The banker will see things my way. So how much are you to reduce their EBITDA numbers so it actually becomes something useful in their debt repayment schedule? EBITDA is a very useful number in it place, which does not include a debt repayment schedule. Apples to apples and oranges to oranges.
Forget it...You are biased to their distortion because it makes you feel all warm and fuzzy inside whereas the truth I post does not. My time is always wasted on people that do not understand what I am trying to say with my handle....There is only one reality, and if it sucks then don't ignore it, don't let pumpers whitewash it and don't shoot the messenger.
Have a good evening.