RE: [vpFREE] CET is getting tight on the freeplay

 

Any idea when they will file for bankruptcy?   If they do, will they lose their gaming license?

I can't see how they're still hanging on.

James Thompson

To: vpFREE@yahoogroups.com
From: funny.young.guy@gmail.com
Date: Mon, 7 Apr 2014 09:12:57 -0700
Subject: Re: [vpFREE] CET is getting tight on the freeplay

 

Thats only 20% of their current debt. Stop living in the past and look at their recent quarterly financials. They hemorrhage money.


On Mon, Apr 7, 2014 at 6:13 AM, <vetsen@cox.net> wrote:
 
$2.25 billion of interest expense and $3 billion of impairment charges in 2013.  Those are both very much tied to the leveraged buyout of 5 years ago. 


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