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Sryinex

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Sryinex

Re: Cakes10 post# 4010

Friday, 02/28/2014 6:25:01 AM

Friday, February 28, 2014 6:25:01 AM

Post# of 4034
I'm following it, but not in it at all right now.

The Karlsson debt has been reduced to 25M from the previous 150M, the apollo debt is reduced to 1.7M from the 7.3M that they owed. This is all contingent upon them paying it in full on March 10th, which they have since said they cannot do and are in the process of obtaining an extension on that.

That's where it stands at this moment.

Sichuan is a mystery. I'm beginning to think they are just a leveraging tool without any real intention of investing in the company.
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