InvestorsHub Logo
Followers 1
Posts 387
Boards Moderated 0
Alias Born 06/16/2009

Re: private_wealth post# 58244

Wednesday, 03/10/2010 6:05:30 PM

Wednesday, March 10, 2010 6:05:30 PM

Post# of 83049
PW-

Given your closeness to a couple lenders, do you have an understanding of the outstanding cash debt vs. the share backed debt?

I think most of us (at least me) are assuming that the share buy back would be an attempt to pay off lien holders by buying their share backed loans and retiring those shares.

If there is straight cash investments, I agree those need to be paid back first. Assuming those are all paid off, how does the buy back and retirement of share backed loans work?

VVV
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.