Why are they giving these clowns another extension? Not sure, but if they can't repay now, and it's clear the business is going nowhere, how are they going to get additional funding? Isn't there another solar company defaulting on loans? The morons in our gov't. need to wake up and seize all the assets of these businesses. Do they really think they are trying to get more funding? My guess is the owners are having accoutants and lawyers work overtime to hide their money and make it so we can't get squat back.
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One month to come up with 4 millions dollars? Sounds like the premise for a helleva Adam Sandler movie.
Have we reached the point where we have run out of other people's money?
Hmm. I never see how many orders they have. Is it going up month to month or down? Are they producing anything? They moved some debt to equity. What did they sell? A part of the manufacturing process?