the joys of slapping ur cash in something with no controls other then chatting amongst others in same boat as u haha..
nathan the cost cutting well its one of 2 gambles i think. the situation they in well its very relative to the 2mill debt they need pay in march.. to resolve dat det i see one of 2 mindsets i think till then..
plan (A) go gangbusters borrow from banks.. and increase ur field crews and trust u will slam dunk it all and get the monkey off ur back.. plan (B) u can go ultra conservative till u get free of the debt which i think is their choice atm.. whereas u offer a real measured approach to just get over the line and then re-evaluate urself once u dont have the unsecured note debt.
i can see their present approach.. my business mentality would be to opt for plan a.. and just go nuts.. and it wuld all work out.. their atm it seems is to try sell off an asset which i think if worth holding onto.. and just creep a bit..to me its very defensive decision.. then they maybe think once the road is clear we will beef up massively when geoff lord debt is gone..
even with either plan a or plan b.. doubt anyone could feel success or peace till the report after the convertable note is off the books so lol more time..
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