InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,064.80
(
0.02%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
81.30
(
0.00%
)
Bitcoin
67,824.19
(
0.15%
)
Post# of 82841
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

mordicai

Send PM Follow Ignore
Followers 253
Posts 2747
Boards Moderated 0
Alias Born 02/15/2006

mordicai

Re: analystslie post# 22648

Thursday, 11/30/2006 10:50:46 PM

Thursday, November 30, 2006 10:50:46 PM

Post# of 82841
You are wrong. Right now squm has to come up with the money by December 15th unless the agreement is amended in the near future to extend the date. The short time span can mean one of two things : (a) the lender is fed up and wants payment yesterday or (b) squm expects to close on new financing by that date and didn't need to negotiate a longer period. The latter imho is unlikely because squm knows its share price is going to tank on this news so if new financing was at hand it would have asked and received a 90 -120 day period to prevent the tank.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up