They just announced a $5.3M loss dude! The original forecast was a $3M loss, which then was revised to $4Mil and now its $5.3 Mil. Clearly nothing that this company forecasts can be trusted, and yet you have clearly been sucked in by Jasons BS spin, that they are confident they can break even? yeah, until the next down grade when they don't break even.....
Also as stated before it appears they are in breach of debt covenants, and have a million dollar loan payable end of November, if it doesn't get called in earlier due to covenant breaches. If it gets called in now, they cant pay it, and even if the lenders give them until end of December, they still wont have the money, unless they do a capital raise to fund the repayment of the loan.
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