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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by Kingscourton Mar 20, 2013 1:17am
307 Views
Post# 21154738

Still not buying it

Still not buying it

So Pace contacted over 140 companies and no one wanted them. Ouch. I'm even less convinced this is a good fit for AVF. I see they have put a debt repayment plan in the works. That's a step in the right direction, but with $293m in debt (up from the previous $260m) and $1m a month allocated to debt repayment, it will take 24.4 years to pay it off and that's if they dont borrow another cent!!

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