GREY:PEYTF - Post by User
Post by
PUNJABIon Oct 01, 2015 9:16am
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Post# 24152637
No renewal
No renewalIf there is no buyer soon. Bank may start the legal process & the last move that the compnay has is go for creditors protection. Bank knows that & may not have start the legal process yet.
They are not going to wait for ever.
They would need a buyer in matter of months. End game coming soon. This company will not last much longer. About 6 month extention if they go for protection & drag things through courts. .