InvestorsHub Logo
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: Rawnoc post# 18809

Monday, 12/08/2008 1:00:30 AM

Monday, December 08, 2008 1:00:30 AM

Post# of 19383
Companies with ST liabilities usually have some means of paying them back, and the creditors know what those means are. As soon as the creditors get a whiff that their debt might turn bad, that is it. Lines of credit get shut down... supplies top coming.

Right now, as we speak, the only way uWink can pay their ST debt is by selling WH. And of that I am dead right.

They cannot borrow money. They cannot get credit. They are a money-losing operation, so what financial institution would lend to them or give them credit, especially now?

if what I am saying is not true, how are they going to pay their 1.2M ST Liabilities?

eh?