bankruptcy, page-9

I don't think the banks can "afford" for RFG to go into liquidation, they need RFG to recover their brand to recover their money, hence they've been waiving the covenants and as long as RFG can continue to pay the $10-15M interest and some of the principal which they've been doing, the banks will continue to "support" them. But they'll only do this if they see recovery in the business, which IMO, they are seeing.

if you owned shares in SGH. This was the same thing I was saying until we all got wiped out. Existing holders of 5 percent. Debt holders got 95 percent.