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Artaflex Inc V.ATF



TSXV:ATF - Post by User

Comment by musingon Apr 01, 2010 12:36am
355 Views
Post# 16947361

RE: RE: Today's Financials

RE: RE: Today's FinancialsThere are always two issues with risk, gravity or seriousness of the risk and probability of the risk materializing. Obviously, we are dealing with a grave risk. Being in breach of debt covenants can bring the company down. However, there are some hopeful signs that the risk may not materialize. Clearly the creditors are giving the company breathng room and if, as I fully accept, managements statement that it is confident that ATQ's debt will be negotiated is genuine and based on reasonable grounds, then there is some reason for optimism. As always we wait and see. 
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