OTCPK:JENGQ - Post by User
Comment by
Capharnaumon Sep 15, 2021 11:30pm
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Post# 33867062
RE:RE:RE:RE:Any hope
RE:RE:RE:RE:Any hopeWhat's the positive about the company extending CCAA? According to their latest filing, they have $1.6B to pay once they get out of CCAA but they only have around $550M in cashable assets. To get the $1B they need, they would have to find a party willing to replace the $600M of debt and add $400M net of cash before the end of the year. That's a tall order.