Chart, page-15391

Not quite 600% Shady

I thought cash would be around $100 million
That was allowing for the A40 loan buyout
I thought management would have used existing cash.
That wasn't to be...In their astute wisdom
They decided to borrow $32 million.
So net cash position ended up at $137 million last quarter.

I don't think any holders would even question the reason for borrowing.
If I had $100 million in the bank earning little interest.
I would not be taking out a short term loan...paying higher interest plus fees.
but these guys are good.

Cheers