Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > Nice time ahead.

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Comment by deisman03on Jul 03, 2018 6:56am

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Post# 28260864

RE:RE:RE:RE:Nice time ahead.

Paying down the debt right now would be counterproductive until they can get the dillution down by cancelling out units.

Getting rid of SOLAR would be their biggest coup. That was a FOOLISH purchase from the beginning. It has done nothing but bleed money every month out of this company.

They have enough cash flow to pay the debt costs.

Now it's time to STOP THE BLEEDING and TRIM THE DEAD LIMBS.

Proceeding with the NCIB would at least put them into a position that will ehnance their ability to pay off their debt faster. IMHO

GLTA the good folks here

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