Sounds to me that he means until they get enough runway to get more operations turning a profit to pay profits from. You can read into anything from snippets of conversation . During that time it could be some businesses had some profit, just not the kind of profits people were wanting.
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Well, we could easily see what the truth is if Lyford would publish the accounting books.
he never will, they don't exist, the surest sign of fraud & embezzlement
It's not like if there were not many other elements that are consistent with my interpretation of this "snippet of conversation".