Post by
Fullblast on Nov 14, 2013 9:19am
Some Highlights
1) TID has failed to refinance through bonds
2) Will have to enter a new finance agreement to make the December payment
3) Revenues are down for Q3
Comment by
michelleb33 on Nov 14, 2013 9:24am
So what your posting fullblast means Tuscany failed the shareholders again
Comment by
Fullblast on Nov 14, 2013 9:26am
No. I mean that it is a complex transaction. but I am afraid that the initial reaction by the market may be negative. Dominik's point is right though : lots of cash for TID. which is what they need.