OTCPK:ARNBF - Post by User
Post by
hardeeharon Aug 20, 2013 1:13pm
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Post# 21683807
Their focus now is on debt reduction?
Their focus now is on debt reduction?Just who are they trying to fool? Reducing debt has been a priority ever since they took on a huge pile of it 2 years ago. I'll bet there we will see little to no improvement in their debt position by year end. They are just making another excuse to cover up yet another miss on their $52 million cash flow forecast for this year.
Adding long-term value to shareholders?? It's more like adding long-term grief.
Arcan down 12% so far today...just 43 more cents to get to zero!
Way to go Arcan! Adding value my A$$!