Posted On: 05/20/2016 3:29:05 PM
Post# of 15187
This is what we have to go on as far as repayment.
He clearly states that lenders have long recouped their original investment with profit. That does not mean the loans are paid back. One case and one decision, KBM, can change the course for any other outstanding debt.
Quote:Matthew Veal
Management is still having to share the pain of the investors - dwindling values of our holdings, and pressures from convertible lenders who have long since recouped their original investment with a profit.
He clearly states that lenders have long recouped their original investment with profit. That does not mean the loans are paid back. One case and one decision, KBM, can change the course for any other outstanding debt.
(0)
(0)
