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Post# of 183615
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DSherman

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DSherman

Re: sgunderbarth post# 64386

Monday, 12/30/2013 5:40:36 PM

Monday, December 30, 2013 5:40:36 PM

Post# of 183615
Last post. PVSP reduced its long term debt obligation by 4mm replacing 6mm for 2mm. The 6mm debt was also convertible. So the bottom line is PVSP swapped $6mm in CDs for $2mm in CDs. The confusion or manipulation from one is the mixing of the reduced long term obligation for pennies on the dollar with short term operating loans.
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  • 1M
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  • 6M
  • 1Y
  • 5Y
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