Replies to post #4153 on Excel Corporation (EXCC)

[powerbattles]

THIS ISSUE ONGOING A YEAR NOW. LIQUIDATE THE ASSETS NOT A SOLUTION FOR THE BANK. IF THAT IS BENEFIT THEM THEY ALREADY PURSUE THAT MANY MONTHS AGO.

AS LONG AS EXCC NOT BEHIND MONTHLY PAYMENT BANK NOT GOING TO DO SQUAT. THE BANK ALREADY MAKE HUGE MONEY WITH THE CURRENT CHARGE INTEREST. THEY'RE HAPPY AS HELL.

THE WORST CASE IS THE BUYOUT. IF THAT IS THE CASE WE ARE HAPPY AS HELL. READ THE 8-K BELLOW.

On October 16, 2017, the parties to the Loan Agreement entered into a Forbearance Agreement and Second Amendment to Loan and Security Agreement (the “Forbearance Agreement”), as a result of which GACP and the lenders have agreed to temporarily forbear exercising their rights and remedies under the Loan Agreement, specifically the demand of immediate payment of all obligations owing under the Loan Agreement and the disposition of the collateral, until December 12, 2017 (or earlier if there are further defaults by the Company under either the Loan Agreement or the Forbearance Agreement). Under the Forbearance Agreement, the Company agreed to take certain actions in furtherance of exploring strategic alternatives, including, without limitation, potential sale opportunities of the Company and its portfolios.

JUST IN CASE YOU NOT NOTICE...THE CURRENT PPS THAT IS SO DAMN CHEAP IT'S CONSIDER LIQUIDATE. ROTFLMAO!!!!