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Old 06-02-2014, 02:16 PM  
NewNick
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Join Date: Mar 2009
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These guys have clearly been insolvent for sometime. In some countries it is actually illegal to continue to trade when you are unable to settle your debts.

Given that only a fraction of their customer base will be gfy readers, and then given that losts of peeps will be too ashamed to actually voice their concerns, I would imagine that they need a considerable cash input to remain in business.

So they plan to increase their margin to return to profitability, even if they manage that it will be a long long time before they fix their balance sheet. If ever.

In short jump.

They are fucked.
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