Post by
Aquanaute on May 31, 2017 9:08am
That's a bluff!?!?!
Maybe they dont want the bond holder to see the financial? Its a real joke... we dont have the money to do the financial...common you kept millions on interest payment and generate positive money cash flow if you remove all the impairment and depreciation. Suppose to get a 22millions payment from decom work... theres something i'm missing! But even a grade 4 student would find a better reason for not doing his homework!
the Company remains under significant cash constraints and has been unable to complete its requisite financial disclosures within the mandated time frame. Additionally, the Company opted not to make the interest payment due on May 1, 2017 under the terms of the Note Purchase Agreement.
Comment by
BrokeNewbie on May 31, 2017 3:44pm
Yeah im in the same position, dunno to jump ship or hang on