OCV octaviar limited

Doesnt sound good. The last announcement said it was due to be...

  1. 210 Posts.
    Doesnt sound good.

    The last announcement said it was due to be paid by the 19th as "anticipated realisations exceeding $5.95 million are scheduled to occur by 19 December 2008".

    So as they are seeking a three month extension, one can only assume that the realisations havent occured and are not likely anytime soon.

    One can only think that if the $10.95 million in "fees" werent quite so high this debt may be a little smaller....hmmmmm
 
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