InvestorsHub Logo
Followers 180
Posts 9202
Boards Moderated 1
Alias Born 05/01/2009

Re: sprtcrdlui post# 756

Sunday, 01/13/2013 7:13:12 AM

Sunday, January 13, 2013 7:13:12 AM

Post# of 860
First Place Financial Corp owes about $73 million to TARP from 2009 so they are still not 'debt free'.

As far as the 'Q' coming off, there are still a few major milestones that need to be cleared through the court system before that can happen.....first and foremost the debt to TARP...it will have to be retired, renegotiated, or extended....a POR/DS needs to be presented and confirmed.....etc.

It would seem that it is still months away.....

....or this could become like many BK shells and never have the 'Q' removed.....

....but the least likely scenario is having it removed soon.




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.