There were two parts: the 30-day delay in paying the interest on the unsecured debt, and the expectation of filing the missing Q by June 19th.
These are tactics to buy time for the restructuring experts to formulate the best way for Chapter 11 to occur for $BRS.
I made the call that Chapter 11 would happen in the near-term for $BRS maybe 3 months ago, but $BRS has been in trouble for several years.
Good luck with whatever you do.
The paradox of iHub: buy high, sell low
Recent VTOL News
- Bristow Group Reports Fourth Quarter and Full Year 2023 Results • PR Newswire (US) • 03/05/2024 09:42:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:31:02 PM
- Bristow Upgrades Fleet with New AW189 Helicopters to Meet Customer Demand and Boost Profitability • PR Newswire (US) • 02/28/2024 01:30:00 PM
- Bristow Group Announces Fourth Quarter and Full Year 2023 Earnings Release Call • PR Newswire (US) • 02/27/2024 10:15:00 PM
- Bristow and The Helicopter Company Form Strategic Partnership to Explore Advanced Air Mobility Opportunities • PR Newswire (US) • 02/27/2024 09:49:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/23/2024 09:04:49 PM
- Bristow Takes Significant Step Towards Next Generation of Coast Guard Search and Rescue Aviation Services in Ireland • PR Newswire (US) • 02/07/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 09:51:08 PM
- Bristow Enters Into New Long-term Equipment Financing for up to £55 Million • PR Newswire (US) • 01/24/2024 09:01:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/10/2024 10:13:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 01:32:29 PM
- Bristow Group Appoints Shefali Shah to its Board of Directors • PR Newswire (US) • 12/11/2023 01:30:00 PM
- Bristow Secures Early Delivery Positions with Deposit for Five Electra eSTOL Aircraft • PR Newswire (US) • 11/29/2023 01:25:00 PM
- Orion Group Holdings, Inc. Names Chip Earle as General Counsel • GlobeNewswire Inc. • 11/28/2023 12:00:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 09:08:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/15/2023 09:25:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2023 08:25:58 PM
- BRISTOW GROUP REPORTS THIRD QUARTER 2023 RESULTS • PR Newswire (US) • 11/01/2023 08:25:00 PM
- Bristow Group Announces Third Quarter 2023 Earnings Release Call • PR Newswire (US) • 10/24/2023 08:15:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 10/18/2023 06:31:49 PM
- Bristow Group to Present at the 31st Annual Deutsche Bank Leveraged Finance Conference • PR Newswire (US) • 09/26/2023 08:30:00 PM
- Bristow and Volocopter to Bring UAM Services to U.S. and U.K. • PR Newswire (US) • 09/07/2023 12:30:00 PM
- Bristow Secures Early Delivery Positions for Five Elroy Air Chaparral Aircraft • PR Newswire (US) • 09/05/2023 12:30:00 PM
- Bristow Group to Present at the 2023 Barclays CEO Energy-Power Conference • PR Newswire (US) • 08/30/2023 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/25/2023 08:02:48 PM
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM