How can you say they are not bleeding cash? They have to again borrow more money to meet the next quarterly expenses. That is the definition of bleeding money. They are now officially operating on money they don’t have on a recurring basis.
The value of the company has gone up while the financial metrics continue to decline.... I have no idea how you can put a positive spin on this.
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How can you say they are not bleeding cash? They have to again...
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