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BillJay

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BillJay

Re: beenhadbefore post# 18507

Thursday, 01/25/2018 7:16:30 PM

Thursday, January 25, 2018 7:16:30 PM

Post# of 31087
So their largest liability is with the Johan Eliasch, the company's chairman. They have an equity line of credit to tap on a limited basis in order to meet short term working capital needs. I'm sure Johan Eliasch will just stand by and allow the company to file bankruptcy, which keeps his asset/plane tied up in bankruptcy court for months on end, so he can take control of a company that has minimal value as it sits right now? Yeah, that makes sense.
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