It is crystal clear -- Avaya Board of Directors has ZERO intention to release ANY Financials UNTIL all lenders come to terms with Apollo's forced Bankruptcy Plan. And they today made it even more clear -- IF Lenders or CEO don''t get on board with Apollo's Plan, The CFO and Board of Directors are willing to torch the place and go full liquidation rather than allow Avaya to secure an out-of-court settlement (which would involve paying down the 2023's to buy Avaya 5 years to turn things around).
Its a sad day for Avaya. A very sad day.
The board neglected to intervene years ago. All board members should be prosecuted to the full extent
Don't forget -- Alan Masarek is outnumbered on the Board.* Apollo owns most of the board*. Bill Watkins, Corrupt Chairman of the Board, has to play nice with Apollo or they will throw him to the wolves with the SEC.
PS -- Please stop the Positive Thinking crax, which in turn becomes you all bullying people because you don't like the facts. Facts are Facts. No delusional positive thinking is going to alter the core facts.