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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by SpankedOnPaperon Nov 23, 2016 8:52pm
188 Views
Post# 25506043

RE:RE:RE:Enough BS About Counsel Being Engaged

RE:RE:RE:Enough BS About Counsel Being EngagedI would rather not say on a public bull board, especially since there have been posters on this board that have referred to you as a Concordia paid employee.  We will all certainly know what is going on in the company in due course.  Good Luck!   

Lumberfeverlong wrote: And on what basis would bondholders block anything without there being a default?
SpankedOnPaper wrote: I will bet you that the bondholders will block the payment to Cinven in December, which will force Chapter 11.   In case you are puzzled why the financial forecasts were pulled and the comopany did  did not provide forward EBITDA its because the debtors are calling the shots now and have been for the last two months.  If the bondholders take that kind of haircut your equity is worth nothing.  Some may be fooled by your posts lumberfeverlong and hold on ...  but don't you think that enough posters have lost money listening to you over the last year.  Insiders blow out of their stock...  Bondholders form ad hoc committee and retain legal counsel.  ....  its the same story.    Deny it all you want, nothing can stop the inevitable at this point.

 




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