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Re: doughboy2 post# 128981

Wednesday, 08/07/2013 8:22:38 PM

Wednesday, August 07, 2013 8:22:38 PM

Post# of 173212
Look at the most recent financials, observe the ballooning interest expense. Accruing interest & principle is now approaching $6 million.

Covenants of the loan are violated, with NAK having many avenues of recourse. Are they to stand back and watch this turd be driven into the ground? I doubt it.
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