This seems like the same thing align is asking the bondholders in TODHA. The bondholders only secured creditor must waive all covenants etc and roll -up interest for 6 months whilst they look for an answer. Why not as the secured creditor let the bond trustee put in a receiver and then see what your options are. I am voting no.
Disclaimer: I take no liability for the accuracy of my post. Do your own research prior to making any investment decision.
TIM Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
