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Re: Alpha1974 post# 729

Tuesday, 08/30/2016 9:32:33 AM

Tuesday, August 30, 2016 9:32:33 AM

Post# of 2596
WRONG you claim they are a subsidiary and that is false information, period.. Send VDI a email to Doug Smith "there is no further relationship between the two companies." Yes they hold a equity position in VDI, but it is just a shareholders position only. If VDI files BK they will be screwed just like all the shareholders in Hero was on the first BK. VDI will file a 2nd BK the market sucks and no drill ships are receiving new contracts. In early 2017 BK coming... Can not keep losing money...

Yep sound like a subsidiary to me LOL

IT IS WHAT IT IS NOTHING ELSE