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justthefactsmam

03/18/19 5:26 PM

#2884 RE: PennyStock Alert #2877

the new 8k is filed to announce an entry into a material financial obligation. they are talking about he $1 billion citi loan facility.

additionally, the obligation is set up to be a superpriority claim which means it will be paid before any administrative claims.

think it's jumping to conclusions that this means exiting from bk soon. just a required filing.