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Superior Offshore International Inc. (DEEP) Message Board

  • tunapc1 tunapc1 Apr 1, 2008 7:00 PM Flag

    What's first buyout or bankruptcy?

    Additional Financing

    "On February 1, 2008, the Company retained Tudor, Pickering, Holt & Co. Securities, Inc. as the Company's financial advisor to assist the Company's Board of Directors in exploring a range of financial and strategic alternatives. These alternatives include, among others, obtaining additional or alternate sources of debt or equity financing, a sale or merger of the Company or other strategic transaction, a sale of certain company assets and execution of the Company's business plan."

    I'm hoping for the 1st but anticipating the 2nd. What a sad end to something that once had promise.

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