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Drugdoctor

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Drugdoctor

Re: SC777 post# 347

Saturday, 05/11/2019 12:48:56 PM

Saturday, May 11, 2019 12:48:56 PM

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Well, this phrase "Pursuant to the Bridge Agreement, the Company has committed to meet certain milestones through May 30, 2019. The milestones include, among other things, the entry by the Company into a restructuring support agreement with the Ad Hoc Group of Term Lenders by May 17, 2019, pursuant to which the Company is required to pursue a sale of all or substantially all of the assets of the Company pursuant to section 363 of the Bankruptcy Code

So by Friday, the assets of the company are sold? Doesn't sound like a good deal to me...
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