Hopefully it’s a negotiation tactic to restructure our debt but if not that makes sense on why we are getting a bonus payment quarterly now.
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It wouldn't make any sense to make this bond payment after skipping the one on Jun 30. We will know more in about two weeks, I would guess.
Looks like we’re skipping another one! I think we’re done.
Either one (or both) of the previous two replies is possible. This will prove to be an interesting month.
Most likely it’s to force the creditors hand on restructuring, basically if they aren’t going to restructure then might as well start chapter 11.
Is it possible they are waiting to get a loan from the fed? The Main Street lending program is suppose to help mid cap companies.
We will be in BK by the end of July, let's just get it over with.
No it’s because you are about to file Chapter 11.. good luck with your stock and retirement. Long overdue for this company.
We are screwed...