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Re: Traderbytrade post# 49134

Friday, 08/23/2013 9:31:24 AM

Friday, August 23, 2013 9:31:24 AM

Post# of 132363
I agree with you and I do think toxic debt is the main problem here.

I think Todd has done a pretty poor job here of controlling the financing of this company and managing the business relationships.
Todd inherited a mess and has not improved the situation in 2 years.

Danos is meeting with finance experts to come up with the best way to resolve their debt situation. But I doubt it will benefit shareholders for quite a while.