GREY:TBTEF - Post by User
Comment by
akragason Jun 07, 2016 10:57pm
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Post# 24944626
RE:RE:SOMETHING IS NOT RIGHT.
RE:RE:SOMETHING IS NOT RIGHT.the language is suspect and vague.
" unless othewise agreed to by the lenders......." Agreed to what? When?
" ....after which the lenders may elect to enforce their security".
It sounds like the lenders could be forcing a deal that management is not willing to make just yet. As it as been said already, management owns millions of shares and may not be willing to settle for huge losses.
I also find it suspicious that Friday is the last extention. If the lenders are shutting the doors why wait until Friday?
This has the smell of something ugly.