GREY:SMDWF - Post by User
Comment by
dannyd9on Mar 09, 2016 10:15pm
244 Views
Post# 24641860
RE:RE:RE:RE:RE:White Room Gallery
RE:RE:RE:RE:RE:White Room GalleryYou are right, too many spelling errors in my last point. All i have been able to come up with is really what we have been speculating for some time. Company was planning a 2 million bond issue to pay off debts and balanace due on expiring bond. The lenders are demanding some safegaqurds and potentially management changes. If they cant reach a deal, your guess is as good as mine. The company can restructure the current debt but that type of agreement would render our shares worthless. The longer the halt........you know the answer to that.