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Lucky77Dice

12/30/18 8:41 AM

#55153 RE: Churak #55152

The document states there would be no hardships to parties of all interests..The 2 scenarios you presented would represent hardship from the proposal..it’s there in black in white..( cut n dried ). Maybe Broken Clock can repost it..So I can reread it..I”ll wear my glasses this time.
GLTA
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trader59

12/30/18 10:21 AM

#55156 RE: Churak #55152

Scenario 2 would require the $50M debt to remain outstanding. Ain't happening, the remaining debt will be discharged with the equity.