Post by
2Greying on Feb 28, 2015 10:30pm
Another thought
IF they ever release financials AND schedule a conference call I will be listening in....hopefully one of the analysts asks the question about how Brookfield can take over without shareholder, debenture, or note holder votes. I don't think a court appointed receiver would allow that. I would love to ask some questions but they seem to only allow the analyst's...based on previous experience.I have my doubts about a conference call but here's hoping.
Comment by
llennn on Mar 01, 2015 5:14am
It maybe someone who loses money/wealth creates re tarding numbers or re tards wealth that would be a Capitardist but may almost acting in the public as a Capitalist and then goes into bankruptcy its may stick forever, it maybe hard press for a true capitalist to make a deal with one such even years after, maybe best to becareful to be a investor and not a investard
Comment by
HRc60to65 on Mar 01, 2015 7:29am
Management has just to cash their receivable to pay down Brookfield and push it out of ARF. Receivaible at 173 M$ is incompetence or volontarist to be sucked by Brookfield. All the cash flow is going to Brookfiled in fee for nothing. ARF doesn't need new loan, it never used the extra loan but paid for wind.
Comment by
2Greying on Mar 01, 2015 10:19am
Receivables are security for the operating loan at the bank...the Bank would never agree to these funds paying down the brookfield debt..
Comment by
HRc60to65 on Mar 01, 2015 12:38pm
Revolving Credit Facility 43,960 M$ Brookfield Facility 110,270 M$ both can be refund with the 173 M$ of receivable
Comment by
2Greying on Mar 01, 2015 5:00pm
Assume these are Q3 numbers. If they use this $ how are they going to pay accounts payable etc