InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
62,831.30
(
-0.57%
)

Replies to post #15579 on GT Advanced Technologies Inc fka GTAT

Replies to #15579 on GT Advanced Technologies Inc fka GTAT
icon url

GrthzGd

12/05/14 12:14 PM

#15616 RE: Double-Down #15579

GT DID owe Apple for all of its advances under the onerous contract terms. Apple waived those as part of the settlement--agreeing to look only to the installed furnaces, minus $150M, for repayment; hence touching none of GTAT's cash.