Conditionally Bullish I've just spent some time reading the news and so forth on the Futura web site... for example, a discussion of recent financial results (pdf file):
https://www.tflg.ca/dbdoc.aspx?id=69
What strikes me is that the last quarter's revenues (at 506,651) covered the prior quarter's expenses (at 436,440). If revenues continue to grow and the supposed one-time increased costs can be brought back in line -- the company will not be in such a bad position.
Of course, this is where the concept of conditionally bullish arises. Can they restructure the debt? Can they bring down expenses? Can they start getting realistic revenue from the USA? Will the processing unit bring some level of profit outside of recent operations? Have automotive sign-ups in Canada continued during the last few months?
It's easy to imagine the end is near... but it seems like management is continuing to slog through and work towards turning things around.