Global Finance, PYD's largest shareholder has repeatedly asked during quarterly confrence calls regarding consolidation of PYD debt. to put this into more of a plain contect i will break down the numbers.
Currently PYD pays $1,000,000 per month towards debt.
if you take PYD's total debt of $27,000,000 and have it restructured at 10% over 5 years
PV-$27,000,000
FV-0
N-60
I/Y-10
P/Y-12
C/Y-12
PMT-$573,670 By restructuring PYD's debt our monthly payments would be
$573,670, This would transform our monthly statements and add $1,500,000 in additional cashflow on a quartly basis. that is $6,000,000 on a annual basis,
An EPS of .0174 I have the utmost respect for Peter Macy and he has proven time and time again that he does what he accomplishes what he sets out to accomplish. Our CEO has an banking bankground and I am sure he is aware of the requirements needed to restructure our debt.
Additional machines placements will always be the intent of shareholder growth in this company, But the transformation of this stock will start with a debt consolidation. Hold firm, look at the numbers....
Peter Macy
Chief Executive Officer & Chairman
- Co-founder of Poydras Street Capital, a private equity and advisory group focused exclusively on the gaming industry
- More than 15 years of experience as a private equity investor, investment banker, and corporate development professional
- Previously worked as a SVP and a VP at Wells Fargo Securities focused on the gaming industry
- Began investment banking career at J.P. Morgan
- B.A. in International Politics and Economics from Middlebury College and an M.B.A. from University of California – Berkeley