Elah Holdings Inc fka RELYQ (ELLH)

[stocksnoway]

talked to IR today
DIP financing is comprised of an arm of Goldman Sacs and a company called 210 capital they dabble in BK company's I heard with NOL's

There is no plans to cancel equity and I guess a combination of GS and 210 will take up to 49% of the existing equity for 17.5 million $ That will leave NOL's in tact and 51% of equity for us.

We will know how much the recyclers will bring by Jan 31 SGGH paid somewhere in the 550 million $ range they don't expect equity to gain anything from sale and possibly debt will take a hit.

Will see how this plays out.
If they can just find a profitable company... Unlike others who have tried.
COSMED North American breaker co real industries. LOL NOPE

ONLY IMHO!