RE:RE:RE:Confidence in management.dabard51 wrote: Tiny, would that be so... (sigh) but legally, creditors have first claim, and MPVD has to pay them first.
Thanks, I thought he said something like that.
It is true that creditors take preference over equity holders, but, as you are well aware, they are free to pay shareholders as much as they can or want after the required debt obligations are fulfilled.
The ~$25MM would come to ~15¢ a share, dividend, debt, or both.
It all depends on sales - that's the key from now on.
And we may not know more about sales until the next quarterly report, although I hope that will not be the case.