Replies to post #1162 on Aventine Renewable Energy Holdings (fka AVRW)

[biofuel911]

IMO he is making a good point with that comment.

How many companies have bondholders who are going to hang around after the company defaults on $300M worth of debt and files BK? Usually they are screaming for everything to be sold off so they can get some of their $ back - not refinancing the company and even providing additional exit financing.

Makes me wonder if the whole thing was made to go that way from the start - just to help AVRNQ through their cash flow crunch.