Post by
Griffin60 on Apr 23, 2019 10:43am
Is there anything happenning here?
So the old CEO is out, and VODIS is getting out of the business in the US. Has anyone seen any estimates of the equity vs debt for the US operations? Does the company anticipate coming away with cash or debt? What is going on with the HC application? Is there any concrete information regarding this? I hope I'm wrong, but this company appears to be in a "run out the money" operating mode.
Comment by
Voxman on Apr 26, 2019 1:55pm
According to the website and the conversation I had with Earl.... they are selling the US facility and that capital will be used to fund the Canadian operation to profitability.