This One's Headed to the Moon!
The latest quarterly results from Las Vegas Sands ANOTHER multi-million dollar loss for the quarter. Falling room prices and ghost town occupancy rates cut gaming revenues by 13.6%. Meanwhile, the company's $10.4 BILLION of long-term debt, with 20% of it coming due in less than 24 months, could push it into bankruptcy. But one bright division that is quietly listed on the U.S. over-the-counter market is poised to take off to the moon.