Ann: Potential Notes III Offering, page-2

  1. 5,227 Posts.
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    This seems a good move by NXT. At this time of the life of the company, managing cash and debt is paramount. NXT, by rolling over these notes, is effectively saying that
    a) we do not yet have a big enough business to pay them back (which is understandable) and
    b) we need all the cash for expansion.

    HT1
 
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