Ok. So the 10K is the annual financial report filed with the SEC. Those numbers will be "more official" than the numbers in the press releases, but not very different. Unfortunately it sounds like management will be restating some quarters slightly, never the best news to hear. The stock doesn't seem to have reacted to that.
I'm unclear on what they mean by "borrowing decline," I suspect they just mean the rate of new borrowings -- not actually paying down existing debt.
Yes Astral I see the numbers were already posted, I missed that, but it seems some report will be filed tomorrow, now I am not even sure what. Inventory up a little from sept to dec is I guess the upshot of that. One interesting thing in the presentation I thought was the statement that borrowing should decline in first quarter and be gone by second quarter, interesting to see how that plays out.
Well Astral the bloated inventory numbers you refer to are quite old and we will see this thursday when the new 10K report is filed for the 4th quarter how it looks as of dec31. A basic problem with focusing on the reports for investing info is that the story is always old and may not reflect the present trend. The market is forward looking not rearview mirror focused.