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boomshucka | 10 years ago

No, I can't. You can go look at the SEC like everyone else who can be bothered to actually have a clue before making comments. This is public information, there is no need to be so lazy as to not even bother looking.

Issuing debt does not mean a company is "drowning in debt". The term "junk" debt does not mean a company is "drowning in debt". If a company has more cash on balance sheet than debt, it's net debt is negative. When they issued this debt they had negative net debt. Now they have negative net debt. They were not, are not and have never been "drowning in debt". Promoting false information about a public company is potentially illegal.

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anotherangrydev|10 years ago

If you owe debt and you are burning through your cash and there is no sign of turning the situation over in the near future, then you are "drowning in debt", IMO, or you will be in a very short time. But that's just me and my "potentially illegal" point of view.

boomshucka|10 years ago

Again, a minute to look at their financials. There is a thing called the "cashflow statement". They are not "burning through cash". Operating cashflow is positive. Some quarters their capex is larger than operating cashflow, sometimes it's less.

So to suggest they are "drowning in debt" only shows no understanding of simple financial matters, and little regard for securities legislation. Not all opinions are valid.