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Joe Stocks

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Joe Stocks

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Re: research177 post# 1300

Wednesday, 09/02/2009 9:56:10 AM

Wednesday, September 02, 2009 9:56:10 AM

Post# of 3475
It means that the company was unable to issue more shares to sell, or sell treasury shares due to needing permission form the FDIC top do so. Without the FDIC approval they are not able to sell shares. That's my take.

What bothers me is why they don't have a $22.9mil to make the interest payment.

Joe

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