RE:Well at least we know they will be cashflow positive next qu Plus they took a bunch of building/rent expenses off the books because of a change in accounting regulations, to show lower operational expenses.
They somehow expect to sell this inventory at a higher price in the next quarter, while they're bleeding on loans.. Oh, and let's keep borrowing to ramp up supply. And since we have no medical sales, let's borrow even more to open a retail store .
Talk about walking a tightrope.
I think creditors may wind up with all the inventory, the assets and the company. Question is at what price? What is JWCA market valuation and book cost?