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Re: Hymanroth post# 327650

Friday, 07/30/2010 2:16:19 PM

Friday, July 30, 2010 2:16:19 PM

Post# of 346952
Hymanroth, I'm curious about something...

Who guarantees the entity who provides the DIP financing? What if the company takes the DIP financing, tries to make a go of it but simply can't and has to close down? SPNG doesn't have a lot of assets. So if they don't have the money to pay back the DIP financing, how does the person who provided the financing make a profit? TIA.

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