RE: RE: RE: myNEXTmillion I hear you mynextmillion........but if "clients" hear that YLO is headed for bankruptcy they won't renew.....therefore by next quarter YLO will have NEGATIVE EARNINGS....AND IT'S GAME OVER.....
We need to see the WHOLE PICTURE,,,,,especially the FUTURE......
I am as much a victim here as everyone......."a mouse steps on a mousetrap to eat a little cheese and he dies for it".......is it fair ???........."WE WERE FOOLED......BUT KARMA IS a B.....CH !!!".
diamond62 - Yellow Media has had plenty of bad press for more than a year now and yet it continues to remain profitable. It just reported a very good quarter. IMO the Yellow Media's recap proposal is not reasonable and defendable and we all need to get Yellow Media to rethink/rework it in favour of a better one as myNEXTmillion suggests/offers. In hindsight, it may have been a lot simpler for many of us to cut and run long ago given the mismanagement that has been able to take a profitable corporation and destroy it's market cap. That said, I'm stil here and this fiasco needs to be stopped now. Given the holdings you have reported in the preferreds in your (much earlier) posts are you willing to walk away this early and not take a stand? Tellier's suddenly announced Aug 28 conference call implies that the Yellow Media recap proposal is not getting the support that it needs and it was time to try more agressive tactics to get it passed; the judge was not impressed and pushed back. IMO, we are a very long way from CCAA.