I thought the $12m payment they said that they wont make, was due next Friday. As in May 15?
Your fearless CEO has squandered yet another opportunity to release some kind of positive PR today, above and beyond the JCP/Sephora drama.
Something clever, maybe like ummmm,,,,,'we've decided NOT to file a chapter 11 plan 'for now.'"
Ya know, something that a real CEO that actually gives a damn about its long shareholders might do.
So as this wallows in the 17 cent range, I will continue to wait for the Q, and the wild west pink sheet trading here.