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Re: doublesnouter post# 38660

Sunday, 08/16/2015 8:50:14 AM

Sunday, August 16, 2015 8:50:14 AM

Post# of 63744
No BK will happen, how can the parties collect, Banro is in the DRC. Even if they ever get to the point where they have no cash and payable accounts like they were in this same situation last year, nothing bad will happen, the terms get altered and the time frames get stretched out. The lenders know if they go BK then even they loose the investment. BK is a no option because of what they do and where they are located. Banro is a eternally all or nothing proposition. There is no BK judge over there to mandate or make any orders,
Banro will continue to operate profitably. I think the perception people have of Banro the history, who they are and what they do is incredibly warped by the trader make a fast buck mentality. When your stock goes the other way they throw a temper tantrum and throw everyone and everything to the wolves. BK is insane talk and speculation.

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