EK borrows another $37M more, new loan total now $830 MILLION
New loan up to $830M - where oh where will they get the money to pay it back to the GUARANTEED creditors? Oh wait, they can cancel current shares and issue new ones just like GM did so SUCCESSFULLY! Gee, they didn't leak this plan to get this new loan did they - no they would never do that, not this upstanding BOD and exec mgt team - HAHAHA!!!
What do you want to bet that #$%$ Perez will want a $1M bonus because the amount they can now borrow has exceeded the previous amount by $37M. (More money for Tony to go to the casinos) What a creative performance goal !!! (and what will he pull out of his #$%$ next?) :-P