Replies to post #2341 on Exide Technologies fka EXTC

[Renegades17]

You must have misinterpreted what I said. Frisco has already been sold, but the funds have been tied up in escrow due to issues surrounding the clean up of the site. They're hoping to get the funds sometime next calendar year. That would be a big boost to the cash position though the DIP agreement, from what I understand, already states that funds received from Frisco must be used to pay down the DIP facility.