Thanks for your reply jameshotcopper,
I think you are right and that I may have still been tasting the sweetness of Wednesday's lollipop. If I had have recognized the old man's intentions, so to speak, I would have run for home there and then.
Working with the assumption that INT consistently loses around 1.2mil in expenses, excluding payments to suppliers, each quarter, I think that they will need to generate around 700k free cashflow in the current quarter, under the best possible scenario, in order to pay the note and have $0 in bank.
I reread my first post on INT from about one year ago. I was naive and I think I was lucky not be holding then. I would like to try and snag some easy money but I am not about to be left with my proverbial hanging out if it turns out to be a repeat in the run up to Christmas.
I think INT is definitely in a fertile little part of the ocean but they may have just gone out in a dingy when they needed a proper boat. I wont be back until they have one.
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