Replies to post #304 on SAExplorations Holdings Inc fka SAEXQ

[piggy99]

Last Q, they accrued a one time $2.3M for debt restructuring. Each Q, they also have a $4M in Interest charges which they will no longer have. That is a $6M dollar saving for the up coming quarter.

Going forward, they are saving $16M a year on interest.

I see nothing but positive for this company.