What room was there in the former share structure
Post# of 13564
(Total Views: 107)
Posted On: 02/18/2024 12:27:29 PM
Re: Wallstreet1234 #6305
What room was there in the former share structure would there have been to offer a lender(s) coming in? Now there is plenty to give a lender(s) up to 49.995% of the company.
With ELBA there was the factory,the equipment, a State backed Tax free bond and an insurance policy on the building that could be used to make the lender(s) happy if it is SC and a lease that collateral disappears.and the only thing left is the equipment.
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If the below were to be the case then why a reverse, or at least why now?
With ELBA there was the factory,the equipment, a State backed Tax free bond and an insurance policy on the building that could be used to make the lender(s) happy if it is SC and a lease that collateral disappears.and the only thing left is the equipment.
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