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NJHowie

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NJHowie

Re: 1337trades post# 21089

Wednesday, 01/07/2015 11:01:33 PM

Wednesday, January 07, 2015 11:01:33 PM

Post# of 84644
We shall see

Ryan has to convince the note holders to accept preferred equity of some sort in exchange. The question is will they, and why should they?

The implication is that at this time, he does not have a way to pay the balance of what is owed on the notes.

As far as the risk factors, they are all still valid and not resolved as the latest 10Q has referenced them indicating they are unchanged.
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