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cowtown jay

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cowtown jay

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Thursday, 11/16/2017 7:58:38 PM

Thursday, November 16, 2017 7:58:38 PM

Post# of 42433
Interesting 8k filed today. Why would a lender-affiliated Board member resign, when the lender agreed to a (very small) extension of the maturity date of the company's obligation? Why go to this trouble for just a two week extension?

I gotta wonder what Durrant is thinking/planning. Is it going to be worth $16 million?

On the other hand, what do the lenders have to lose at this point? So, shareholders will lose, but the lender won't gain? What's the point?

There's got to be something going on that would make sense of this.
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