The TPG loan is due this week. If a new funder does not advance money there exits two options namely another extention or Chapter 11.
I suspect that TPG will not send MAE to the courts.
Obviously the latest cap raise shows MAE will live
a bit longer. Why else would anyone exchange cash for shares?
We await news as to who has provided carry on funds and status of loan.
The TPG loan is due this week. If a new funder does not advance...
Add to My Watchlist
What is My Watchlist?