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biofuel911

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biofuel911

Re: vitaminic22 post# 1162

Thursday, 10/08/2009 4:32:43 PM

Thursday, October 08, 2009 4:32:43 PM

Post# of 1746
IMO he is making a good point with that comment.

How many companies have bondholders who are going to hang around after the company defaults on $300M worth of debt and files BK? Usually they are screaming for everything to be sold off so they can get some of their $ back - not refinancing the company and even providing additional exit financing.

Makes me wonder if the whole thing was made to go that way from the start - just to help AVRNQ through their cash flow crunch.
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