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chemist72

03/13/18 9:27 AM

#34337 RE: umiak #34336

Sugarplum, your post is spot on. Follow the money.

While it’s clear revenue will help bolster the pps, it’s also clear the consequences of the toxic debt, if as understood by the board so far should not be taken lightly. I have never seen toxic debt not have a major impact on pps. All going to depend on how fast revenues come in and how much debt they draw down. Also when the flesh eaters engage in locking in their share discounts etc. Toxic debt deals are designed to insure lenders win big.