Blue Dolphin Energy Company (BDCO)

[56Chevy]

Current Report Filing (8-k)
Date : 12/29/2017 @ 3:22PM
Source : Edgar (US Regulatory)
Stock : Blue Dolphin Energy Co. (QX) (BDCO)
Quote : $1.00 0.11 (12.36%) @ 2:01PM

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On December 27, 2017, the Lazarus Parties and GEL entered into a third amendment to the Letter Agreement (the “Third Amendment”), which extended the Continuance Period through February 1, 2018, in order to facilitate ongoing discussions.

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Source:
https://ih.advfn.com/p.php?pid=nmona&article=76382718

*the bad news is we don't have a settlement agreement yet...the good news is they're still talking. It would have been wrong on a ton of levels but this situation with GEL could have gone into a bankruptcy situation very easily. Im encouraged theyre still negotiating.