GREY:CHALF - Post by User
Post by
TheCanadianDudeon Jan 20, 2022 3:04am
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Post# 34336187
Debt maturity 10 months away. Takeover or Insolvency?
Debt maturity 10 months away. Takeover or Insolvency? Common sense says debt holders will takeover in 2022, then go private especially when debt is up by $3,6MM (45% increase) from Q1 then the new debt of $16.25MM in Q3 will up the overall debt to over $25 Million (70% more than Q2) with an interest of 10% to be paid in 10 months. So 2022 might spell the takeover by the debt holders.