InvestorsHub Logo
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

Re: DMOST post# 6874

Thursday, 02/18/2016 10:01:02 AM

Thursday, February 18, 2016 10:01:02 AM

Post# of 13692
Bond holder trustees are not going to wait beyond

The trustees for those bond holders are not going to wait a minute longer than they have to, to get their money. They are not in business 'to be nice', they are there to get their money when it is owed. ( *U, PAY ME! )

If SDOC does not pay the deferred interest prior to the end of the 30 days, the bond trustee will be under a legal obligation to take action. I expect they will do it the minute the grace period is over.

Louis J. Desy Jr.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.