RE:RE:RE:ebitda went from negative 6m to positive 3 m only people seEBITDA is the earnings before interest which is a real expense, taxes which may or may not exist, and depreciation and amortization, which are non-cash amounts because of past purchases.
Thus 3 million EBITDA - 6 million interest is a loss of 3 million.
Most of the positives are just starting to be realized - as such there is hope for the company, they just need to keep focused. Cut costs and increase sales - which they are opening avenues all the time. A good (realized) europe contract and these guys could roll. pun intented :)
Potsmoker wrote: Why would they be underwater. I am just a simple pot smoker trying to make a few dollars. These guys I think this is really good news and you're saying they're losing money.