Replies to post #2393 on Blue Dolphin Energy Company (BDCO)

[downthehatch]

To be accurate, here is what the last filed 10K said:

Substantial Current Debt

Excluding accrued interest, we had current debt of $61.1 million and $63.0 million, respectively, as of March 31, 2022 and December 31, 2021. Current debt consists of bank debt, investor debt, and related party debt. Substantial current debt is primarily the result of secured loan agreements being in default. As a result, these debt obligations were classified within the current portion of long-term debt on our consolidated balance sheets at March 31, 2022 and December 31, 2021.

[RealDutch]

Most of that is related party debt. It will "disappear" if the company acquires the Ingleside facility (and become ordinary debt).