$HCR This is just utterly insane that this was part of debt agreement First. Second, the fact that investors were never informed of (and they never mentioned it once!) is even worse. Who the F does this? Management has been hiding a $469mm loan potential and NOT ONCE disclosed....the Co. has never been worth more than 350mm dollars!! That type of debt arrangement is worse than a sub prime unstated loans with an accelerated interest rate of over 100,000 percent!! That type of debt arrangement has to be concealed or is being lied about.... this management is about as smart as sand and they will not get away with this....petitions need to be started asap. The right attorneys will take them down and reconstitute although f'ing ENRON got away with it too. Just blasphemous.
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