Replies to post #188 on Imperial Petroleum Recovery Corp.(fka IRECQ)

[Rawnoc]

I didn't think it was DIP financing either, but that's what the operating report classified it as on page 8 of the Chase account:

https://ecf.txsb.uscourts.gov/doc1/178132142251

There's an option to convert it into shares or pay it back with cash in 18 months.

[jaxstraw]

Hearing on Disclosure Statement is scheduled for 12/3/2013 at 11:00 AM at Houston, Courtroom 600 (JB). Objections to disclosure statement due no later than November 27, 2013.