Green Packet: 12th Consecutive Quarters Of Losses, 36 Month Of Losses And ...

Green Packet announced its earnings tonight.

Some facts.

Fact. It lost some 100.112 million for the quarter.

Fact. This is the 12th consecutive quarter of losses. 36 month of losses.

Fact. Green Packet's total losses for last 36 months equals some 439.924 million!

Fact. Green Packet raised some 98 million via rights issue last Aug. 2009.

Fact, Jan 2010. Green Packet raised some 69.176 million from a share placement.

Fact, Green Packet recently raised 322.910 million from issuance of Convertible Preference Share to SK Telekoms. ( see Sep 2010 posting: Update on Green Packet )

Fact. After tonight's earnings, Green Packet said it had some 171.962 million and some 238.190 million in borrowings.

Compare these facts to the posting made on Nov 2010: Green Packet: 11th Consecutive Quarters Of Losses, 33 Months Of Losses And....

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