RE: Security9 Apr 2020 17:34
The note holders are between z rock and a hard place. They either agree to Echo's proposals and gamble that they have the cash in 2 years time to pay their loans, or they say no and call in their payments due which will put the company up she its creek. Leaving the note holders to pick over the bones.
So I would imagine that they will come to some sort of agreement , allowing Echo to stay afloat.
Things not looking great, and any more poor news regarding work in progress will see people leaving for the door in numbers imo
GL