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Congo Mining

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Congo Mining

Re: TeamTOC post# 56396

Wednesday, 09/21/2016 9:16:42 PM

Wednesday, September 21, 2016 9:16:42 PM

Post# of 63744
It would bother me too but they made those 3 quarters worth of preferred payments to get up to date...

I've had a lot of experience with distressed debt lately and from my experience there would be very little likelihood that those payments (which are optional) would have been made if they (management) thought that the company would not continue on under the current capital structure.
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