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Monday, April 07, 2014 12:48:57 PM
Take it for whatever it's worth. Like it, don't like it. Good. Bad. Makes no difference in the cash situation IMO, and that's the real pinch they're in that I can see. The other big debts, the one's that have to be paid each month and can't be "accrued/carried" are still there and unchanged and need cash flow, same as yesterday. Will a potential new "creditor/investor" like that they were able to work out a deal, "negotiate away" and clear off an old, bad debt they've been "carrying" on the books, accruing, but never making payments on? Maybe? Don't know? It's possible, off course.
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