Look at the cash flow from operations. A big negative number.
Look at overall cash levels. Down 80%
They dont have much cash left and haven't been able to generate much ever. How many years can they sustain losing cash on operations at the rate they lost it last year given the now extremely low balance?
It doesn't really take much longer than a few minutes to realise this is a basket case.
Wasn't the long term CEO jumping ship weeks before the announcement a clear enough signal?
3PL Price at posting:
$1.28 Sentiment: Sell Disclosure: Not Held
