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re ; panic over ? (1 Viewer)

  • Thread starter Colin1883
  • Start date Mar 27, 2013
Forums New posts
C

Colin1883

Member
  • Mar 27, 2013
  • #1
Full q and a... Q 26
 
C

Colin1883

Member
  • Mar 27, 2013
  • #2
I hope sbt were wise enough to tape this session?
 

mark82

Super Moderator
  • Mar 27, 2013
  • #3
What is this about?
 
S

skybluesam66

Well-Known Member
  • Mar 27, 2013
  • #4
per Tim - the debt was completly written off - hence there is no debt
 

Baginton

New Member
  • Mar 27, 2013
  • #5
so why mention it if it no longer excists
 
E

elephanttears

New Member
  • Mar 27, 2013
  • #6
skybluesam66 said:
per Tim - the debt was completly written off - hence there is no debt
Click to expand...

Im not so sure on this, if you read question 27. The last part to the answer "in part on a secured basis" may mean that the money from sisu has been secured against any assets we have. Clearly we dont have many assets but i cant see how they would write off that amount of money.

27: Have any of the loans been converted to shares in any of the SBS&L companies?
CCFC: No, not into shares. It is well known that when the SISU fund which had invested in CCFC required more money, this was provided by another SISU fund, in part on a secured basis
 
J

Jack Griffin

Guest
  • Mar 27, 2013
  • #7
@elephanttears, in part, is that a 10%, 50% or 99% part? We don't know & TF ain't letting on.
 
E

elephanttears

New Member
  • Mar 27, 2013
  • #8
Jack Griffin said:
@elephanttears, in part, is that a 10%, 50% or 99% part? We don't know & TF ain't letting on.
Click to expand...

We don't know no and it could be up to 99% I suppose, I'm pretty much sick to the back teeth of it all now
 
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