Cumulus Hiding Cash Crisis


  • We now know the number Cumulus must generate to stay afloat – they aren’t saying publicly but you decide their chances of hitting it between now and the end of the year.
  • What they left out of their 2nd quarter conference call last week – how fast they could burn through the $124 million they have left.
  • The amount of needless cash burn they ran up by initiating lawsuits most people may not even have heard about.
  • What is Chapter 22 bankruptcy.

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