This is a good effort by managment and I'd imagine it took up a considerable amount of executive time to get this extension set.
The poor old investor however can expect zero for at least 4 years out of this debacle, as the debt extension would most likely be a holding pattern type extension (but with a bank takes all proceeds clause).
Based on the parlous state of the balance sheet, there seems neither an organic growth nor acquisitive growth argument in this stock.
Look for a bid brother guys - the game's over and by the time you get this sorted out your value would be hopelessly eroded by competition up north.
This is a good effort by managment and I'd imagine it took up a...
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