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Re: sgunderbarth post# 64386

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

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

Post# of 183878
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.