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LouisDesyjr

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LouisDesyjr

Re: kpisme post# 777

Wednesday, 03/23/2016 11:30:33 AM

Wednesday, March 23, 2016 11:30:33 AM

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Unfortunately yes.

While I can't tell exactly, I assume the company must be bad off if they need a DIP financing for the small amount of $20 million. It sounds like they have run out of all of their cash and have no other way to continue operations.

Louis J. Desy Jr.



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