its worse than we thought, page-6

cujo

thats what makes mih arguments all the more convincing.

It adds some more reasoning to the thought that it must be more than simply the 15 million refinancing.

Best they do a big capital raisiung and get the house in order, decrease debt, pay their dues and start afresh imo. At least this way the company will have a chance to grow revenue in the future, and if things improve markedly they can buy back some of the extra shares on market