EXPM:LXRRF - Post by User
Comment by
mjh9413on May 31, 2016 12:09am
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Post# 24918137
RE:earnings are out
RE:earnings are outNo outlook and no real explanation of what is going on with new business, or likely consideration to Conboy. Can see technically insolvent and what about those increased costs (and most of them are cash costs!) ...are those consultant fees recurring!!!! And what can we expect going forward? Even with post-qtr equity issuances (pretty small potatoes) and new LOC they will remain insolvent...would have hoped for explanation of what is going on and what to expect (revs and costs) given significant change in business mix, etc. Disappointing even if there is about $15MM revenue opp in prevailing and next qtr...