RE: lets do some math! time to expose the criminal madman and his fraud posting:
<<ok so the current assets that WND has, that are producing revenues generated 14 million dollars last Q right? So lets do a simple break down 14 million a Q, so that would be 56 million dollars a year. The assets have fixed 30 year long agreements right. lets say they hold 300 million dollars of debt right now. That means in about 6 years the assets will pay off all the debt. So in turn the buyer will have 24 years of mostly profit, (24*56 million) will be about 1.3 billion dollars. Just a though..>>
.. as previously and what got me posting initially on this fraud broad was the fraud posting of madman, bart the tart, CanackWhack, etc. so now i get to again expose madman..
a) 1st $56M in rev is fraud forecasting; for the recrod even jeffy forecast only $40M for this year in rev. and qualified his forecast by saying summin like Windstar has lower winds in the upcoming Q's
b) interestingly madman fraudulently fails to include any expenses in his calculations; i suspect interest expense alone could be $25 to $30M/year (WND has all this weird and very troubling high interest debt hanging around and stinking up the joint)
c) WND has a whole range of encumberances on any free cash that it generates; and this is always an "odd" quarterly surprise
c) so it is completly impossible (short of buyout or other some "strategic" transaction) for WND to pay off this supposed $300M in debt in 6 years, only a fraudster engaging in securities fraud would post such lies..
and the intent of madman's fraud post is to entice rubes and newbies into WND.