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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by ruben12345on Dec 10, 2013 10:42am
234 Views
Post# 21989695

Restructuring?

Restructuring?
Could anyone please tell me what i should make of the news that Tuscany has hired an outside consultant as chief restructuring officer to reassess strategic alternatives...?
This also to satisfy an amendment to its senior secured credit facility with credit suisse.
Multiple ways to read this.. judging by the SP one could get suspicious... any thoughts?        
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