TGS59,
I don't know who you are nor do i really care (as so many of the other brains on this thread do!)
What i do know is that your financial analysis of agti based on 10q report is very one-sided and biased..
First of all, you point to accounts payable and the present cash situation..BUT you conveniently discard the accounts receivables... Now, the co. may be having some "cash flow" problems with accounts receivables, but lets at least acknowledge that they do exist..agti will probably get a huge portion of them in "cash flow" and won't that cover the accounts payable?? Therefore the monies from a financing deal would be ,in fact, available to the future development of this co.
how come you did not see this reality and only the negative reality that you presented?
Anyway....A company with the amount of debt (relatively low in the world of bigger business) that agti has does not need to "panic" so quickly.. They just need to stay the course, produce and sell good products and have a management team that will create a positive future...
Hey, i am a business owner and i went through some hard times a few years back. My accounts payables went sky high, (and p.s. -agti's accounts payable are not "sky High")
what did i do??
I asked my creditors to be "patient".. They were! they had little choice, actually.. I then worked my ass off to make the business grow.. It took a good year, but things did turn around...
Agti seems to be positioned to do the exact same thing..
My only gripe is that the timing on the financing is very slow (in my book)
If we see financing, it will mean that a banking or other lending institution has deemed agti to be credit worthy..I believe this will happen, but of course i am very concerned that there is the possibility that it will not happen...
I just hope that Neiman and others are the "real thing".. i hope that they are busting their balls and backs to get this thing done.. If not, it sucks!! |
