GREY:NKRSF - Post by User
Comment by
ziboon Jun 24, 2018 10:09pm
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Post# 28221881
RE:RE:RE:RE:RE:Bigwhiskey
RE:RE:RE:RE:RE:BigwhiskeyIf NKO was a lost cause and liabilities exceeded assets the doors would have been locked and the lights turned off year's ago. The lender's would never have agreed to extend the financing for 2 years without payments and allow interest and total debt to increase unless they could see that they would be fairly certain that they would recover their investment. If the lenders couldn't see things working out for NKO they would have exercised their right to liquididate the company's assets recover what they could take their loss and move on years ago. So the odds are that things will work out, definitely not guaranteed because of the lawsuit that nobody anticipated and Bangladesh withholding payments. Winning the lawsuit is huge at this time IMO.