It's getting pretty close, especially when you add the collateralized note plus the continuous increases in accounts payable. I heard from an industry buddy that a big parts supplier put them on COD terms. They really need to fess up and cut the divvy and right the ship.
I forgot about the ESOP, but now that you mentioned it, it makes sense that the mindless pumpers on here would be employees. I have to do more research, but I would imagine it would be difficult to impossible to cash out of that.
They make a huge deal about DCF of 110 million, but then take a look at the balance sheet. Accounts Payable up $32 million, collateralized note payable up $84 million, long term debt up $51 million. So again I must reiterate that they only pay the distribution by increasing debt. As such, the stock should really be treated as a junk bond.