When you ignore the venom spewed by Wassayassa and his rants about corruption, his message on the financials is likely to be spot on. Given their concentration of locations in areas hard hit by this winter, I suspect the 4th quarter's results will be abysmal. While the company has no long term debt, they are running low on cash and I think we'll find that after Q4, they will have very limited runway remaining unless there's a drastic turnaround.
I agree that acumen is not something normally associated with his posts. However, he is right about (1) the last quarter will be really bad, (2) it's hard to believe it takes them as long as it does to file their 10k, (3) they are burning cash at a high pace, and (4) hard to see why anyone is valuing the company at the current levels.