View Single Post
Old 03-19-2023 | 04:24 PM
  #663  
WGTruth
Banned
 
Joined: Nov 2022
Posts: 51
Likes: 0
Default

Originally Posted by Asiabound
When does this years bond payment come due? I'll be curious to see what the ESOP statement shows this June...

WG has approximately $4 million in interest/principal related to its secured debt that's due every quarter. The larger $21 million semi-annual coupons on the unsecured bonds are next due in August.

Given the wild revenue claims the company was making up until December 2022, I expect the annual ESOP statements this year to be massively inflated, just like the previous years. The valuation will fall off a cliff next year, if the company is still in business.
Reply