OTCPK:TNGZF - Post by User
Post by
Moneyday0on Apr 01, 2015 12:04pm
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Post# 23587001
Only 2 million dollars ish
Only 2 million dollars ishWhich is good cause with the outlook of oil impact and high consumer debt levels, the last place one should be is online furniture shopping. Especially with pending interest rate hikes in the usa putting pressure on the consumer. Despite the oil price / vehicle gas price decline. Just added unhealthy level of risk - but fortunately only $2 million ish at state. Better wise up mngt - ya'll shoulda taken the last fiascal write-down of Sept 14 investment. Great potential but there are a lot better prospectives out there without risking our money on internet furniture sales in a declining market . If you believe consumer is hitting taped out area and increased interest will require more discretionary income to go towards mortgage payments. Message to mngt - calm down and take more time with due diligence. The monies in the coffers will still be there and do not need to burn a whole in the wallet. TAKE TIME TO REVIEW REVIEW REVIEW before just dumping monies out. Do like the dividend - just make sure it is survivable.