Post by
oilman53 on Jun 01, 2016 11:01pm
All you need to know
is in the May 5th Conference call.
The Company cannot meet their junior debt payment on June 15th
Which means that they cannot repay the money owed on their LOC
The Company will come out on the other side in a much different shape and form. (I paraphrase)
Comment by
DocMailloux on Jun 02, 2016 8:34am
The only think important in This post is That you realize your paraphrasing , the only thing missing is That you ALso realize your speculating .