RE:RE:Eight Capital comments on Martello Technologies Group Inc.I just listened to the conference call. The 2 analysts tossed out the usual softball questions that allowed Procter and the other guy to repeat what they had said before. No financial questions, other than "how`s the cost reduction going?". Answer, "fine".
The question that needs answering is, how are they going to pay the $10 million debt to Vistara, due in May? Clearly, they are not going to generate any free cash over the next 6 months. So, Terry loans them another $10 million? Or, Terry buys another 200 millon shares at a nickel a piece? Or, they default on the loan and Vistara takes over the company?