Dinomax on 09 December 2008
| bardicverse said: From my understanding, a private investor did a hostile takeover of the company for like $100,000 investment. I might have read that wrong. I wonder if he's got the quid to get the debt gone. |
When he did the take over he had to pay 75 million in debt, but it went up to 150 million and now has less than over a month to pay it all despite the company only has 10 million.
Worst take over plan. Ever.
