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.