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freddie me

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freddie me

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Saturday, 05/26/2018 11:16:26 AM

Saturday, May 26, 2018 11:16:26 AM

Post# of 173
"Westmoreland Coal Shops for $100 Million Bankruptcy Loan"
https://www.wsj.com/articles/westmoreland-coal-shops-for-100-million-bankruptcy-loan-1523629649

Westmoreland Coal Co. said in its annual report to shareholders and the Securities and Exchange Commission that it may seek bankruptcy protection from its creditors, or that an involuntary petition for bankruptcy could be filed against the company.

“Either of which could have a material adverse impact on our business, financial condition, results of operations and cash flows, and could place our shareholders at significant risk of losing all of their investment in our shares,” the report read.

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