Tuesday, September 01, 2015 1:55:05 PM
Immediate dilution to finance operations was held off with a new highly restrictive "up to $30m credit facility" to finance inventory.
BioZone is on the chopping block.
New and improved employment contracts were ratified with nice fat raises and bonus structure that includes golden parachutes.
Those were the highlights.
Look for MP to throw in everything but the kitchen sink into restructure charges the next quarter so that Drexler can set the baseline for his fresh start.
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