Trilogy International Partners Inc T.TRL.WT.A

Is the company going Bankrupt?

[Thylor09]

One of the things the globe and mail article highlighted is the 81 million in losses the company has had over the last 3 years. They have approximately 6 million in cash left with debt obligations a bit over 11 million due in next 2 years. Revenue will be down significantly this year unless something changes. Company appears to be continuing to burn through its remaining cash. We will get a clearer idea when they publish the quarterly numbers. Dont look to Eugene to bail this out he has massive debt issues. Just google debt and Ottawa Senators or ask why Eugene had put up his Acerus shares as collateral against debt in the past Only one of this group that has money is Ian. Unfortunately Ian is down on paper about 30 million on this investment and has to deal with a lawsuit Thee companies 3x daily earned them 1.2 million last year. Unlikely to get a big up front payment in a new deal. This company needs a cash infusion or it must costs in a big way soon to keep going