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Electromed, Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Jul 10, 2013 4:50 PM Flag

    Company is telling you it has turned the corner...

    Read the filing:

    "...and a minimum EBITDA requirement of not less than negative $550,000 for the quarter ending September 30, 2013, not less than negative $100,000 for the quarter ending December 31, 2013, and not less than $400,000 for the quarter ending March 31, 2014."

    Losses decreasing remainder of the year, profitability at beginning of 2014.

    They would not have signed/accepted these terms otherwise.

 
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