RE:RE:RE:RE:RE:RE:latest financial reportNo, not a problem, a high risk situation is what it is. This is a speculative stock, with high risk and high reward. If you only focus on the risk, without assessing what the probability of reward is, then this stock is probably not for you.
Again, if you keep focusing on day-to-day operations, I think your thesis is off the mark.
No one will buy this stock for current operations, too small, low returns, etc.
Management has done a good job at keepting the Company afloat. Turning to finance companies for high cost capital is something that Terago is not alone in doing. Banks are not in the business of providing risk capital.
The licenses are what could bring value to shareholders (or lenders if the Company runs out of money).
In the meantime, they are generating positive cash from operations, believe they have access to further funding (they still have over $6mm USD available under the lending facility) and working what they CAN control.
Have you read the last quarterly report? It is all spelled out. As well, read the one on 24Gz and 38GHz developments as these are the key to the future ot Terago.