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Re: Rule_62 post# 24313

Wednesday, 04/02/2014 10:52:08 PM

Wednesday, April 02, 2014 10:52:08 PM

Post# of 30377
Lenders give you a cake but they want to eat it all first!!

Remember that $100 million was made in 2012 and the lenders changed the rules in 2013 when they went into bankruptcy protection!!

AWFUL terms!! But PEIX survived!! And lenders want money back first before anything else is done! And on their terms!!

The ONLY nice thing is that debt comes first and gets this company on SOLID footing in the future when this is paid off!!


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