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NicPlatoNic

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NicPlatoNic

Re: A deleted message

Thursday, 06/16/2016 1:16:31 PM

Thursday, June 16, 2016 1:16:31 PM

Post# of 8527
Look again, you said it yourself...

No Institutional lender will approve you for $160 Mil financing if that lender wont have a chance to get their money back and some interest payments ...



That's right. They won't lend it unless they are reasonably sure to get it back. And how can they ensure this? By taking priority over other corporate debts of course.

Guess what you - the shareholder - are. You're one of those "other" debts.

If you had done your DD, you'd know how DIP financing works, and why AROP's other lenders are so furious over it, and why it portends bad things for the common shareholders.

Now, do you have an argument, or just italics and caps lock?
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