OTCPK:CNZCF - Post by User
Comment by
Slyincalgaryon May 31, 2017 2:04am
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Post# 26304371
RE:I also didn't say
RE:I also didn't say That is like saying Christmas is coming in January haha. The only reason for a PP will be strategic in nature, rmember the company "cash" burn is extremely small.
You are acting like this company is 5 years into business......less than 3 full quarters and will be profitable in Q3 2017......their Q1 fiscally......sounds mighty impressive to me!
Of course the money has to be repaid, but not panick to do so and at 4% why would they rush. Let's also use your 2.7 High end.....high end is very conservative but whatever....take out the "cash only" loss of let's say 6-700k this year....only 1 Q left in their fiscal year. 2.7M-700k equals 2M of free cash. Sounds like that debt can easily be paid in less than a year....again mighty outstanding.
You really need to learn how to use numbers properly.....can you at least calculate how much you are going lose by being short CNZ?
Time for bed......Glta