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If you owe debt and you are burning through your cash and there is no sign of turning the situation over in the near future, then you are "drowning in debt", IMO, or you will be in a very short time. But that's just me and my "potentially illegal" point of view.

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Again, a minute to look at their financials. There is a thing called the "cashflow statement". They are not "burning through cash". Operating cashflow is positive. Some quarters their capex is larger than operating cashflow, sometimes it's less.

So to suggest they are "drowning in debt" only shows no understanding of simple financial matters, and little regard for securities legislation. Not all opinions are valid.

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