Are IBY cash flow positive or negative? negative
Do they owe more than they are owed? yes
Are any operating divisions profitable yet? not according to last half yearly
Tech firms burn through shareholders funds until they make a profit (if they make a profit)
Amazon wrote down the american living social division significantly - groupon also continues to make a loss
Can IBY turn things around within 6-12 months? maybe.... but probably not without the need for more capital or equity
Debt will be too expensive so they will go to the market
Feel free to correct me
E88 Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
