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Re: Rawnoc post# 18946

Thursday, 01/01/2009 8:45:15 PM

Thursday, January 01, 2009 8:45:15 PM

Post# of 19383
zero LT debt. ST Liabilities = debt.

You keep on referring to that time "before". I am very curious as to what you are talking about... it is just that I do not have the time to look at it in detail.... I would rather have an nBeer.

They need financing of some type at this point to pay their bills. Because they cannot get debt financing... they must either tap the markets again or go bust... and they are effectively going bust.