noname2200 on 07 November 2012
| zarx said: They have $36m on hand but that is borrowed, they have $100m in convertable debt that has to be payed by 2014, unless they can open a new line of credit they are screwed. They are up shit creek and no one is going to buy them because they would rather pick up the assets in the fire sale after they go bankrupt wiping the debt. |
That sounds closer to what I expected.
