Replies to post #2076 on Pacific Sunwear of California Inc fka PSUNQ

[Greus]

I'm talking about before April 2016, you'll see the could have r/s the shares and tranferred to the NASDAQ Capital Market.
"we believe that our cash flows from operations, together with our working capital, cash reserves, availability under the Wells Credit Facility and expected benefits associated with the Cost Reduction Program, will be sufficient to fund our operating and capital expenditure needs through December 7, 2016"

They rushed in to bk to get eliminate their debt and force a lower lease on their current stores for a fresh start. This robbed employees and shareholders. Listen to their last webcast were they made no mention of possible bk, stated their debt payement wasn't due until December 2016 and they are going to sell real estate and lease it back. Yet they already knew they were going to tank the company so Golden Gate could take over.