InvestorsHub Logo

WildcatDriller

04/09/15 7:12 PM

#16812 RE: Traderfan #16810

These debt holders are from back in the 2006 and 2007 time frame with the old management. The won judgments against Superior back then. Some of these judgments had 10 to 12% interest attached to them. These have accumulated to very large sums of money (millions). The creditors have the right in this circumstance to come after Superior at their time of choosing. Now they want assets or cold hard cash. Because they see the assets being developed.