Post by
HRc60to65 on Apr 11, 2015 9:06pm
The transaction with Brookfield
I read, the transaction.
It is for all assets, including all cash and a cash reserve to cover trade creditors.
Also Armtec paid to Brookfield an other 4M$ to extend the convenant to June 26, 2015.
Also, the way the transaction is write, the account receivable at 155M$ and works to be bill are not included are not include in the transaction.
Comment by
llennn on Apr 12, 2015 6:19pm
There may be interest in a rights offering and Warrants provided they can secure a large contractual agreement to back fill the file as the U.S. Competitors will find deficulty I. Competing it would only be used to take it to a level of cash flow