Insolvency is a financial condition experienced by a person or business entity when their assets no longer exceed their liabilities, commonly referred to as 'balance-sheet' insolvency, or when the person or entity can no longer meet its debt obligations when they come due, commonly referred to as 'cash-flow' insolvency.
They have more assets than liabilities
..........about 4bn in equity
They have until Feb 15th to refinance or reduce pay off debt.........not cashflow insolvent either
NOT INSOLVENT
Knuckleheads
for those a little small upstairs
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