Urthecast Corp LFDEF

UR Assets listed

[OlYale]

blob:https://documentcentre.ey.com/1e3a5797-a5e7-4fa2-a032-73a572addb30

[OlYale]

120 milliion in Assests, 150 million in liabilites. It's done :(

[Cowbaystocks]

Hey OlYale, give Sai's affadiavit a read. It's a pretty telling behind the scenes look at what went on. In there it talks about financing and restructuring, provides an ember of hope.  Overall Im 99.999% confident this is caput and we are all screwed.  However there is a glimmer of .001% that they may be able to restructure with financing/investment to pull out of this, but a

[OlYale]

I've read over it. What exactly gives you a glimmer of hope? What part?

[Hitbav007]

Dude, we all are fu**ed

[URthereum]

Yeah, it looks like we have a couple disagreements between lenders and the pandemic was the dagger that got 'em! BUT... they do flag that financing on track to close by December 2020. So... who knows! 

[Tupac007]

This is not over by a long shot. I really don't understand why everyone is panicking. It's a sound company. The financing will be completed very soon and it will be back to business as usual. 

[MayKay]

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[AKAIMWAAK]

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