RE: UPDATE NEWS IMMINENT25 Feb 2015 09:00
The BOD surely need to put an update out today, it must be clear given that payments come due today whether they will meet their obligations or not? Maybe they will run it right to the wire, it seems worrying though that they haven't given them self much time to play with. Makes me wonder if they/we are clutching at straws now and no options are on the table any more... maybe BOD are just going to run up to the default dates and are preying for a miracle? It would be nice if they informed the share holders about how advanced discussions are with regards to fixing this mess and to update what the potential options/outcomes might be. Lets watch how today plays, I expect some nervous trades both in and out though as people anticipate news...