InvestorsHub Logo
icon url

UpTickMeA$AP

12/05/14 9:09 PM

#15684 RE: RichardGamingo #15683

What's the worst case scenario?
icon url

XenaLives

12/05/14 9:09 PM

#15685 RE: RichardGamingo #15683

If the AAPL debt gets canceled they will also probably have to pay everyone's legal costs, won't they? GTAT's consulting fees too, I think.

Now they already have mentioned three buyers for the furnaces, we've been told they are bought by the 100's, @ $700K each very conservatively there would be a near term sale of $210 million.

They won't even need DIP financing then, IMO and creditors would be confident of getting paid as they sell additional furnaces.

I also think that there's a very good chance that AAPL would buy them all and ship them to China.

In other words - I think cash flow could ramp up quick enough that things wouldn't take that long.


icon url

Double-Down

12/05/14 10:28 PM

#15688 RE: RichardGamingo #15683

How are you arriving at the June to Oct timeframe?