RE: RE: RE: RE: RE: RE: RE: RE: RE: ylo is in no f awesome, glad you brought this up, were you aware that the company is going to be making enough free cash flow to pay off this borrowed money and meet this debt obligation or have you forgotten that this company actually makes money? in february 2013, the company will have enough cash to meet its debt obligation. the LOC issue that you reference still does not imply "game over" as you suggest.
thank you, but want to try again?
please show me when the company runs into a debt obligation that they can't meet with cash in the bank.
bradford, You always seem to forget that $239m of the "cash in the bank" is borrowed money.
If some kind of a negotiated restructuring has not occurred and the lenders decide to call the loan in Feb 2013 instead of renegotiating the LOC it's game over.
Will that happen, who knows but if the Q2, Q3 & Q4 results continue the well established trend of accelerating decline of revenue/profit it is a very real possibility.