GREY:EDYYF - Post by User
Comment by
dannyd9on Nov 02, 2017 5:37pm
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Post# 26897318
RE:PP
RE:PP The pp will not shoot this to any moon. U are right about that. The stock has been ailing because of manaement foibles of the past and the fact they have a 13 million bond issue outstanding and only 6 million in cash comming from the rooftop sale. The mkt was saying the companys survival was in question. The PP is a positive because it reduces the overall risk while giving the company money to ramp up short term as they have extended the debt one year. So, no moon shot, but less short term risks which allows the stock upside breathing room. Contracts matter in the end