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UNITEK GLOBAL SERVIC Message Board

  • realshazard realshazard Jun 10, 2013 11:09 AM Flag

    what part of "no money" is so hard to understand

    walking dead

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • No, I don't think it's that easy. They have been in constant contact with lenders so I have to believe the interest payment was not a surprise. Top Finance guy signs on (for stock & options) to a company soon to go down tube? The meeting between lender and customer was not decided on June 5th nor was the forbearance. That is when it was signed, but they had discuss well before hand. Something is in the works. Need to see the numbers. We will know shortly

      • 1 Reply to scoler72
      • Of course there has been (and continue to be) constant contact. The relatively tiny event (affecting a small amount of revenue) has had a disproportionate impact on financing and customer relationship and a lot of parties are extracting their ounce of flesh at this time.

        The arrangement of the meeting between lenders and DirecTV was an important sign. Now we wait for the good news and the upswing (once the market has gone through its (probable) reaction to the restatement)

 
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