What is McKnight thinking these days?
Too bad we suffering shareholders cannot hear what is going on at ZQK these days.
Reading the quarterly and annual reports, one get the impression that ZQK is a $100 stock rather than a penny stock. The majority owner, Rhone & Associates, says nothing even though they appear to be sitting with a multi-million (or is it multi-billion) loss. ZQK's debt is overwhelming yet we hear little how ZQK plans to meet those shortly-coming-due obliIgations. IMHO another stock-for-debt program is out of the question.