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Re: GaryJPalys post# 8016

Friday, 05/09/2014 7:57:01 PM

Friday, May 09, 2014 7:57:01 PM

Post# of 11119
NYSE Market (formerly AMEX) has no regulation regarding the price of stock being less than $1.00. Also, BAM will not want the bankruptcy because in bankruptcy, they will get some portion of NAP's asset that will be worth fractionally less than their investment, not to mention about loosing the significant interest income they are making. BAM and NAP will somehow renegotiate the financing term to turn the company around. They have no choice. That's the moment I am waiting for.
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