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Re: Sky High post# 63418

Sunday, 04/25/2010 10:15:51 PM

Sunday, April 25, 2010 10:15:51 PM

Post# of 83044
A fine post Sky.

All too long there were posters here that refused to see the truth. Not saying for one moment that they were the cause of the demise, but one thing can be said, had it not been for some shareholders calling for the removal of MD that event would not have happened and there is no doubt in my mind that BK would be an eventuality rather than possibility.

MS may give us a glimmer of hope but IMO it is just that, this is day 31 of the mill being closed, and just as someone rightly pointed out it really for all intent has not been running since November of last year.

What is troubling is the claim that this mgmt are going to be transparent, hmmm really, one month later you still have no plan? Yeah OK then my suspicion will of course wander towards planned BK, bear in mind folks the players that pull the stings here are also creditors, the first in the queue in the event of BK.
I say, if the mgmt are so bent on sorting this out then publish the reports (or at least a synopsis) from the "expert team" that were engaged.
How were the "expert team" paid? when they have no money to pay anyone else? surely they would want all contracts paid before they handed over solutions to the problems.
Too many unanswered questions here that as I said can only lead me to one conclusion. Planned BK, and I wonder if this should be investigated?


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