NuRAN Wireless Inc C.NUR

Debt level

[Briggsie1]

Over 30 million in liabilities! Will be the death of Nuran wireless. Current management is responsible and should be replaced. Make your shares count and show them to the door at the next AGM.

[westshore]

I agree.Get someone in there that can turn this around!ASAP! New five year low today of .08 this week.Not good. Not a pretty 5 year chart from the high of 3.50.WOW! Talk about poor execution. Been a tough small cap enviroment past few years...but this is rediculous. Tax selling not done yet-probably heading lower. SAD---------------Some heavy weights to lift here! Need to cut costs ASAP...increase

[lscfa]

They need to get the $15M non-recourse loan done for the African subsidiary, build some damn towers and generate cash flow to pay back the debt in the parent co.

[lscfa]

The service revenues for q3 were $681,152. This is for ~ 100 towers. They say the $5M bridge loan will get the too 600 towers. => $4.1M /qtr.  They $15M loan show be good for another 600 towers => $8.2M /qtr.

[lscfa]

Co is not transparent. If Cameroon towers are doing so well then 100% of  reported revenues must be from the 100 towers in Cameroon, which means the 85 towers in Congo are generating low revenues and are not considered "live" by the operator so no revenue to Nuran. Get the damn traffic up on the Congo towers and Nuran revenues jump 85% with no capital expenditures required.