delisting is now on the table
but they will file BK soon enough
i think you were right it's in 30-60 days
next earnings will be more loses.
cash is declining fast
no one picks up the phone, just call the company
it's impossible to speak with anyone
Yup you were wrong again Financial terrorists.
Entry into a Material Definitive Agreement, Notice of Delisting or Failure to Satis
Item 1.01. Entry into a Material Definitive Agreement.
On March 1, 2012, Dialogic Inc. (the "Company") obtained a letter (the "Letter") from Obsidian, LLC, Special Value Expansion Fund, LLC, Special Value Opportunities Fund, LLC and Tennenbaum Opportunities Partners V, LP, (collectively, the "Term Loan Lenders") confirming that they will not under any circumstances accelerate the maturity date of amounts due under the Company's Second Amended and Restated Credit Agreement, dated October 10, 2010, as amended, by and among the Company, Dialogic Corporation, a British Columbia corporation and a wholly owned subsidiary of the Company, certain other subsidiaries of the Company, and the Term Loan Lenders, on or before May 1, 2012.
The description of the Letter contained herein does not purport to be complete and is qualified in its entirety by reference to the Letter, a copy of which is attached hereto as Exhibit 10.1 and is incorporated by reference herein.
On March 5, 2012, Dialogic Corporation entered into an Amendment No. 4 (the "Fourth Amendment") to the Forbearance Agreement dated November 14, 2011 (the "Forbearance Agreement") with certain lenders (the "Lenders") and Wells Fargo Foothill Canada ULC (the "Agent") in connection with that certain credit agreement, dated March 5, 2008, as amended, by and between Dialogic Corporation, the Lenders and the Agent (the "Credit Agreement"). Pursuant to the terms of the Fourth Amendment, each of the Lenders and the Agent agreed to forbear from exercising its rights and remedies under the Credit Agreement, including the right to accelerate the maturity date of amounts outstanding under the Credit Agreement and realize on its collateral under the terms of the Credit Agreement, with respect to certain existing and anticipated defaults by the Company under the Credit Agreement, as described in the Forbearance Agreement, until the earliest of (i) April 22, 2012, (ii) the occurrence of any additional Event of Default (as defined in the Credit Agreement), which for this purpose includes the exercise by any third party of any rights or remedies against the Company, Dialogic Corporation or any of Cantata Technology, Inc., Dialogic Distribution Ltd., Dialogic Networks (Israel) Ltd. and Dialogic do Brasil Com�rcio de Equipamentos Para Telecomunica��o LTDA, which are wholly owned subsidiaries of the Company, or (iii) the occurrence of any Termination Event (as defined in the Credit Agreement) in exchange for a release of claims by Dialogic Corporation against the Lenders and Agent.
The description of the Fourth Amendment contained herein does not purport to be complete and is qualified in its entirety by reference to the Fourth Amendment, a copy of which is attached hereto as Exhibit 10.2 and is incorporated by reference herein.
YUP this group post like crazy. Keep everyone out and cover for pennies on the dollar. Look at ALSK balance sheet too .. Short interest has been shrinking if you look at the numbers. So someone is covering slowly. Yes they don't want anyone to buy.
Financial terrorism is what these crooks are best at. Yes terrorists against the financial institutions.
Sick this gang of shorts are.
Who did you call ? and what is the phone number so i can call and ask if someone asked them the same question . Any one can make up the stuff your gang posts. I give links and numbers. Plus i actually call. So where is that number to help out investors doing DD.
MCHX in at 4.09 out at 4.33 .
Will try for DYN when dust settles at BK level for 30%
Again the debt getting written off is not a given and happens very seldom. Clueless you are in the fact that is done usually when there is not lot of debt. DLGC HAS TONS OF DEBT. Gues you did not know that. Watch how quickly you dissapear when they announce BK but please stick around til then.