GT40s.com - View Single Post - RF Situation - A bit of information related to other posts

Howard Jones · 03-29-06, 06:31 PM

Ron, The lack of bankers involved in this is telling in a couple of ways. First credit quality is usually indicated by bank loans and the quanity of those loans. Most company's with a short term cash flow problem will go to a bank and apply for a bridge loan. The lack of them tells us that either they were not applied for of were not granted.

The second thing is with most creditors on a near equal footing, at least after the taxes and lawyers are paid, you all may be able to recover something. I am trying to remain at least a little positive.

Oh, I agree with putting all the RF stuff here. Cleaned things up a bit. How about all future posts on this matter going into only one thread? freezing the rest. This would make it easier to follow. Just a thought.

03-29-06, 06:31 PM	#27 (permalink)
Howard Jones 10 tenths Join Date: Jun 2002 GT40: San Francisco Bay Area California USA Posts: 1,920 Rep Power: 26	Re: RF Situation - A bit of information related to other posts Ron, The lack of bankers involved in this is telling in a couple of ways. First credit quality is usually indicated by bank loans and the quanity of those loans. Most company's with a short term cash flow problem will go to a bank and apply for a bridge loan. The lack of them tells us that either they were not applied for of were not granted. The second thing is with most creditors on a near equal footing, at least after the taxes and lawyers are paid, you all may be able to recover something. I am trying to remain at least a little positive. Oh, I agree with putting all the RF stuff here. Cleaned things up a bit. How about all future posts on this matter going into only one thread? freezing the rest. This would make it easier to follow. Just a thought.