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Timothy Smith

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Timothy Smith

Re: wz9ytp post# 1406

Thursday, 11/26/2015 5:23:33 PM

Thursday, November 26, 2015 5:23:33 PM

Post# of 2147
The company can definitely continue buying its debt at a discount. No matter what the covenants state, getting an amendment to repurchase debt at a discount is probably one of the easier amendments to get and therefore the covenants are really not a material hurdle.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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