Posted On: 08/07/2016 12:57:44 PM
Post# of 41413
Re: Carsmax177 #27269
Your points are valid, I just think finding a investor to agree to those terms as unlikely.
My belief that they would restructure is based on my thinking that a investor would want the potential to liquidate if necessary, and they cant as easily with the preferred .
And we are a start up, I just think there is less leverage than there was a year ago, we have our backs against the wall. Hopefully CP comes through as anticipated
My belief that they would restructure is based on my thinking that a investor would want the potential to liquidate if necessary, and they cant as easily with the preferred .
And we are a start up, I just think there is less leverage than there was a year ago, we have our backs against the wall. Hopefully CP comes through as anticipated
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