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EDMGUY

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EDMGUY

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Re: SidewaysTrader post# 17734

Monday, 07/22/2013 9:07:01 AM

Monday, July 22, 2013 9:07:01 AM

Post# of 22426
If you mean they could function without the financing going through, that's not true. They are still in default on at least 40 million of debt with legal proceedings still in play from the creditors. The new financing is the only thing that will avoid bankruptcy. They need tons of cash to make payroll,keep the lights on,equip. maint.,service the debt,etc.. 15K tons a month won't provide that.

GO NAVY !!

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