RE:RE:RE:Nice news release | quick analysisQ3 has come and gone, Q4 is around the corner and Q1 on June 1 will more then prove consistency. IMHO PYD will be able to approach financial institutions after the AUDITED Q4 and get refinanced, The average rate is 11%. Even if PYD kept the rate and took it from 2 to 5 years we would see dramatic quarterly earnings.
Foreign Exchange loss (504,594) Quarterly would no longer be an issue once debentures are refinanced.