RE:Sounds like dbox is getting out of moviesfull report
"The COVID-19 pandemic abruptly and severely impacted D-BOX’s fourth quarter results. With mandated social distancing and government-imposed temporary shutdown of entertainment venues around the world, the impact on our industry was exacerbated during the month of March. While most of our customers around the world have reopened or are planning to reopen in the near future, the timing for a full recovery remains uncertain and first quarter and second quarter financial results will most likely be adversely impacted,” stated Sbastien Mailhot, President and CEO of D-BOX. “It is a key priority for D-BOX to work towards achieving a profitable business as soon as the business activity normalizes. The organization has already taken steps to transform into a different structure to ensure long-term sustainability of the business. Furthermore, the addition of $2 million long-term debt with the Business Development Bank of Canada and the restructuring of the current debt with the National Bank of Canada into a line of credit of $4 million will strengthen the Corporation’s liquidity position.”