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News Focus
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Hedge Starz

04/09/10 1:16 PM

#102887 RE: xZx #102882

ya but now they can increase the OS to ~1.3bil and only give the lenders a 25% issuance.......woof. crappy news but nothing we can do. getting old dean.....wish i could miss deadlines at work every week and issue my boss a PR on my delays
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jdouglas2002

04/09/10 1:17 PM

#102892 RE: xZx #102882

why would a lender, who can lend to anybody, accept less equity?

why not just lend to someone else.

Two things: either they think they are gonna make bank
or its a play on words, and we're screwed.

I am in for the long, love QASP...I just hope it doesn't fail.
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amishmotorboat

04/09/10 1:30 PM

#102922 RE: xZx #102882

The equity
reduction was compensation for their delays in funding.


what?
What?
WHAT?