السلام عليكم ،،،
هل نحن مازلنا مبالغين في تقيمنا لـ USL ؟
الشركة فعلاً تعاني من قروض عاجزه عن سدادها حتى ولو استمرت في بيع جميع Divisions كما فعلت وما في ذلك من خساره لها ... الواقع وحسب التقارير انها في ورطة كما جاء على لسانها ...
Interest Expense and Other Income, net. Interest expense and other income, net increased approximately $1.8 million, or 117.7%, from $1.5 million for the quarter ended March 31, 2002 to $3.3 million for the quarter ended March 31, 2003. This increase resulted from higher interest rates and related financial fees on the Company’s credit facility
و أيضاً جاء في التقلرير...
We continue to review all of our alternatives to reduce our indebtedness. These alternatives include sales of assets or operating divisions or issuance of common stock or other securities. The proceeds of any such transaction would be used to reduce our outstanding debt. Therecanbenoassurance, however, that any such transaction will be successfully consummated. Any refinancing or business sale transaction is expected to result in either substantialdilutiontocurrentstockholdersorsignificantreductioninthesizeoftheCompany
Our recent performance has caused us to violate various financial covenants of our credit facility
we are not in compliance with certain financial covenants set forth in the credit agreement. Noncompliance with these provisions permits the lenders to, among other things, accelerate the debt under the credit facility and foreclose on the collateral provided
We are in discussions with our lenders regarding amending the credit facility to, among other things, further extend the maturity date of the facility, provide for our liquidity needs and bring us into compliance with the various financial covenants contained therein. Therecanbenoassurance that we will be
successful in obtaining an extension of the maturity date of the credit facility or amendments to any of the financial covenants or terms contained therein
والختام مسك....
The report issued by our auditors on our December 31, 2002 financial statements stated that the working capital deficitcaused by the close proximity of the maturity of our revolving credit facility, and the recent lack of compliance with our credit facility, raise substantial doubt about our abilitytocontinueasagoingconcern. If we are unable to successfully restructure our indebtedness, we may be required to seek protection under the bankruptc
ylaws.
ورغبة الشركة في تغيير إدارتها
وكما تشاهدون يومياً من خسارة السهم لـ سنت وسنتين ....
بعد كل هذا هل نتوقع من سهم شركة الصمود على الاقل؟
للحوار والمناقشه....
المفضلات