Quote Originally Posted by winner69 View Post
So ebitda to be 'lower than' $140,000

Hope they allowed to capitalise those expenses they mentioned
I am sure they will have capitalised everything they possibly can and rounded it off with all sorts of wonderful 'one off write downs', non continuing losses. Soon it will be the one off restructuring costs, the exit costs from Omega 2 factory, etc etc etc

What I do give them credit for is mastering the understatement. The release when you read it carefully manages to signal...
Margin issues (Price pressure Omega 2)
Demand issues (Omega 2 and 3)
Stock issues (everything?)
Cash issues (increased stock no sales and CAPEX blow out)
CAPEX blowout ($1m)

All setting up the annual result disaster without really giving anything away,,,,,

....... But we won a prize