Correct Slogger. I was going to say it before but thought people might think it extreme... these guys will demand their loans repayed, put the company in to VA, assets will get sold to a related entity, loan gets repaid and company is a smoking wreck. I fully expect this to happen. The greed of some people knows no limits.
The only thing that can save this is moving to Tranche 2 (if it exists!) and then the Mexicans spill the board. They can’t be happy with share price destruction either, I think they got a lot of shares in Tranche 1. Does anyone know if they still hold? It would be telling if they did not.
But what are y’all going to do about it???
CZL Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held