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10/01/18
14:56
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Originally posted by hottuna
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well if the creditors don't want to deal with Frank (and who would), unless he has access to a $500m funding package to refinance the senior debt, pay off the option holder and provide enough funds to keep the lights on till harvest time - it's hard to imagine a case where a Wilson controlled board was voted in and the first action of the senior lenders wasn't to terminate the forbearance agreement and appoint a receiver.
Does frank have access to such a funding package? If he doesn't, is the real purpose of this spill to try to head off the extensive litigation headed Frank's way?
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Very prescient of you to forecast that Noteholders are important to a Quintis transaction, your foresight and continuing support for Quintis are acknowledged.
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