Post by
banx on Nov 09, 2016 8:35am
A BIG MAC CLEANUP
Who would want to inherit what Big Mac took over last December?
He took on a company with a horrible legacy and a bunch of pallbearer ghosts that represented prev management.
The clean up has now evolved to a point where a balance sheet fix is in full force and effect.
The fairness opinion on the debt restructuring clearly implies that instead of nothing, investors have the chance of something.
Big Mac is committed and there is a process these matters have to go through.
The few holdouts made the process longer than it had to be but its only a matter of time now for the debt restructuring to be implemented.
With that implementation, we will have a far better company--one that went from DNR to full recovery.
Comment by
jimbrofski on Nov 10, 2016 10:30am
Or another 6 months bouncing between a penny or two. Then the bitter end. The special sauce is rancid and another optimistic press release will only serve to make it more sour. Wake up people.