RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Answer I can't believe people are still having a conversation about whether this company will survive.
There have been several posters that have shown just how grim and unlikely the survival of this company is as it stood as of last week with 96 tanks and 7 water heaters based purely on numbers. Poseidon needs to prove to the banks against all odds that they will have a better probability of recouping their losses by not calling the loan and liquidating the company. None of these posters has even talked about the real life aspect of this company over the past three months.
Pretty much all of senior management has been shuffled around which will always lead to disarray. Many key members are gone. Most of the employees are stirring about their future employment. Most of them probably spend their days working on their linkedin profiles and browsing job search sites versus manging their clients affairs. Most of their customers view them as a massive fraud. What do you think their customer service is like right now?
If you needed a storage tank right now, would you call Poseidon or would you call one of their competitors? 96 tanks in service and 7 water heaters was as of last week. Without the consideration of the "real life" aspect of this company the numbers didn't work out, try running those numbers while imagining that the next time they report they will have 40 tanks in service and 1 heater with the expectation that the next report will have 10 tanks in service and 0 heaters etc.
If you want to "throw the dice" go to a casino, at least you won't be playing with a blank di.