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Gold/Mining/Energy : ATPG Shareholders
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To: billgatesisevil who wrote (154)8/29/2012 5:19:12 PM
From: Area51  Read Replies (2) of 3620
 
If the DIP loan can't be used for anything except paying back the DIP loan (which is what the original statement literally said) then it is not of much value. I expect it can and will be utilized to pay company operating and capital expenses for the next months so they can keep the lights and such. To say that nobody will get a dime until the DIP is repaid isn't true unless you define who "somebody" is. If you define "somebody" as a debt holder or a common stock holder of the company then you are likely correct. A51
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