RE:RE:RE:RE:RE:RE:Something good to happen before year endExactly....
If PVG did not have that huge debt burden it would be an attractive buyout/takeover target.
That is my main gripe with the current scenario. Management made promises about profitability (costs) and buried the company in debt. The debt remains and the results have not lived up to the promises made.
The amount of the shortfall is from $100m+ to $150m a year in profitiability.
That makes a big difference when trying to pay back $700m in debt.
jazzist wrote:
So just to confirm, you're simply speaking in generalities and currently have no actual companies in mind that fit these generalities.