Going concern, page-53

Timber,
The same thought has crossed my mind on more than one occasion...

But on the other hand Orbi have been present now at Board Meets for some time & have X times waived debt covenant defaults !
Equally one would imagine as Orbi are happy enough awarding cash bonuses to JR & DH it's hard to imagine they call a default & then carry on with same team & blame some big surprise on less than forecast revenue..

But right now there are so many moving parts to this story it's virtually impossible to put a valuation on this enterprise..
As has been the case now for some years ( hindsight) this Company has been & still is a short distance from Insolvency & temptingly reachable distance from Blue Sky Sucess..

What happens from here on is anyone's guess..

But next news from The Company needs to be to the upside (what's that I hear everyone shout)
as it's sure anymore bad news will decimate what's left of this meager Mcap.

Good luck to all of those still holding & to those who have had enough of this nightmare story ( understandable) & crystallized a large losses hope you get some of those losses back elsewhere..

Best,
SG.