It’s your money, so good luck. I mean this with good intentions,...

It’s your money, so good luck.

I mean this with good intentions, but please read the financials carefully. EBIT is not profit when there is so much debt on the balance sheet. Also, look carefully at the assets and what would the extended or market value of those assets be worth. There are leasehold improvements plus goodwill in there etc. Then take off your debt and see what the equity value really is. Hint, it’s very negative!

Remember the bank has senior security over assets and equity holders are first loss. This business urgently needs capital and a raise is the primary solution with a trade sale potentially an option. Do shareholders have the stomach for a large, highly dilutive raise? I don’t know the answer to that one though. If you’re this high risk with your investments there are much better options out there than this IMO