Standup said “The chairmans address/prediction of 12 mths ago of breaking even in FY09 are 50% out of whack.”
What the Chairman stated in November 2008 was that “... engin expects to, on a monthly basis, achieve cash flow and EBITDA breakeven...” Guess what Standup.... they did better than that!
If you aren’t careful you’ll have the Greenies knocking down your front door from all the effluent that spouts from your posts !
As for,
Standup said “ They have $5.9M in cash, recievables, stock & other and they owe $4.3M, agreed?” What’s your point here? It proves they have a solvent balance sheet and generating cash... Can’t wait to see your spin on these equivalent numbers for that company that you are apparently not an associate of..... that is due to release its results by Monday......
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