SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Creditrust Corp. (CRDT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BIG EYE who wrote (8)7/11/2000 6:09:33 PM
From: bgarner  Read Replies (1) of 11
 
Sorry took so long to respond..I don't really check this thread as the postings are few and far between. My expectation for CRDT going forward isn't pretty. It appears they have too high a debt load relative to their cash flow generation capability going forward. While its the company's intent to emerge quickly from Chap 11, down the road I think while a noble aim, its probably not doable. I think they will have to ultimately reduce their debt load in the reorg and thus current equity holders will likely end up with nothing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News