GREY:PSLRF - Post by User
Post by
roscoe74on Dec 11, 2014 11:54am
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Post# 23219484
Will they close by tomorrow?
Will they close by tomorrow?
Interesting that these negotiations are taking this long. It indicates they are getting closer to a deal. Of course, the length of time may be a reflection on legal opinions regarding how much of a haircut to the shareholders they can get past a judge, lol. IMHO, a deal will get done that will allow the company to operate but the bank will only grant extensions forebearing its demand for payment. The delay is likely to allow Maha time to scramble about with its tin cup pleading for funds.