InvestorsHub Logo

Erz

11/15/12 12:40 PM

#13065 RE: Nooneother #13063

agreed (membermark 3 forv you)

protagonist12

11/15/12 4:07 PM

#13114 RE: Nooneother #13063

Debt of 375 million was august 31. They burn through 25 million a month to keep company afloat plus the 50 million DIP loan + 12% interest. Not to mention foreign bidders possibly needing to recompense American tax payers if CFIUS wills it... Plus BK court liabilities and KEIP payments. This could easily approach 700 million in debt