re: Ann: Refinancing of Debts, Sale of DaKine... well not really 400 million of debt is not 325m the hedge funds have been negotiated with they are maybe maybe a few millions not 20% the rest is being absorbed by Altamont. The funniest thing of all is that they decide who the CEO is and probably already have control of the board. Now they can do whatever they like. Hold back inventory to bankrupt and pay themselves back with the company or actually try and improve sales and pay a small fee for 5-10% they wont control between them the take a majority stake and force a takeover this guarantees shareholders will never see $1 for their shares best case scenario they see just above 50c. So much for the turn around.
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