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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by stocksnbondson Jan 11, 2017 9:59am
94 Views
Post# 25693242

RE:RE:RE:NR

RE:RE:RE:NRSure, so they will give me sensitive information like that. Makes perfect sense to me. 
Heck, it takes 3-4 weeks before I get a "canned" cut and pasted comment back from I.R. You've never tried contacting the firm obviously. Still waiting for an email sent before the Christmas break. I'm not anticipating one soon as I'm sure I.R. has more important matters to deal with. 

Just a quick point, this is not my first rodeo. Many here have seen this kind of empire building before.  It's simply frustrating that the financial stability of the firm is slowly being placed at risk due to the rising cost structure. FYI, I'm not a short (of NYX) nor a troll. Do you DD and see what is taking place. This is not a cheerleading forum. It's a forum for NYX discussion.  Hateshorts-- one important scenario ...... going forward, if costs continue rising at a pace similar or close to revenues....... How will the debt be paid off?  I know of a couple of ways and it's not good for equity holders. 

We have not seen any attempt at reducing costs. Just the opposite.
1) The firm is still trying to hire as can be seen on their website.
2) They've hired a corporate lawyer (good idea).
3) They've also increased their debt facility by another 15 million pounds.

#1,2 will lead to increased costs and the payment of those costs from revenues that are not generated organically. These are facts.  Costs need to be made stable or decrease. NYX as I've mentioned previously has NO excuse for profitability in Q4. Chop Chop !

sb

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