"We believe that our current cash balances, cash expected to be generated from our operations, together with additional cash expected to be received through the exercise of stock options will be adequate to meet our debt service requirements and sustain our operations for at least the next twelve months. Beyond the next twelve months, if we continue to grow our sales volume at approximately the rate it has grown over the past several years, the adequacy of our cash balances to meet operating and capital needs will depend on our ability to continue to generate sufficient cash flow from operations and our ability to borrow the funds necessary to support that growth rate. We my also address our financing needs beyond the next twelve months through the sale of equity securities. If such debt or equity is needed, we cannot assure you that we would be able to obtain such additional capital resources in a timely manner, on acceptable terms, or at all. If we were unable to raise additional funds, we might have to defer the creation or satisfaction of various commitments, defer the introduction of various products or entry into various markets, or otherwise scale back our operations. Such circumstances would have an adverse effect on our financial position, results of operations and cash flows."
Robert asks, "Come on PK, you know all the bashers jumped on that."
Of course that's not what Ehtwist wrote is it? I commented on his post, not validity of the �basher�s� post.
Go back and read what I wrote and you�ll see my point is completely valid.
Why don�t you attempt some analysis, or make a positive contribution to the board?
Do me a favor please? Go out on 72nd Street, to one of the great steak houses out there and order a medium-rare porterhouse with mushrooms-and let me know how good real beef tastes. Hard to remember.
You true believing lemming pumping people don't have the brains of a turnip.
I sold at 17.28. I will rebuy during a test of 15, and I have made $15.00 trading this stock.
Do I need to post my trades again?