GREY:LSTMF - Post by User
Post by
darkstreamon May 07, 2016 9:05am
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Post# 24850439
Time To Focus On Debt Discussion
Time To Focus On Debt Discussion-they have a junior debt interest payment due on June 15 -does anyone know how much it is and can they find the money in less than 6 weeks? -they also need $121M due in less than 90 days -most deals take several months before cash changes hands -also the current LOC will again be cut in half in six months should they survive that long? -so the only solution would be to sell or give away enough of the company to raise $500M -dump the LOC and have enough to fund capex and buy back long term debt on the cheap -will everyone post their scenarios for survival -LTS actually watches this board lol