ISF 0.00% 17.0¢ isoft group limited

ISF is borrowing against equity(YA) almost 1 Mill each week. 30...

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    ISF is borrowing against equity(YA) almost 1 Mill each week. 30 Mill is not going to last that long. If they continue to use YA with current speed, dilution will bring share price below 10 cents very quickly.

    Monday is ISF results day, most likely UK investment will be written off. I don;t expect any surprise(positive) because the amount they are borrowing against equity tell house is totally out of order"

    Biggest problem is their Debt exceeds far more than market cap(please correct me if I am wrong).

    That is the biggest problem.

    Takeover is only hope but Mr Cohen has brought poison pill of YA Global, so take over option is also out.



 
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Currently unlisted public company.

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