InvestorsHub Logo
Followers 35
Posts 7503
Boards Moderated 0
Alias Born 02/15/2012

Re: Tate post# 1832

Monday, 09/19/2016 10:42:41 PM

Monday, September 19, 2016 10:42:41 PM

Post# of 1980
I'm working on this a bit...my estimation was cash was gone September to November range, with a potential extension based on milestone payment from abbot. I don't fathom how they could sell their only (supposed value) asset under the table; let alone when it has DIP attachment (I think I am correct to believe their is a DIP loan attached.....do you know?)

I also don't know the circumstances in which haygood seawall took ownership of ~8-9% of company. Do you?