Padgett Paper

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Title: Padgett Paper
 
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Subject: Business
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Date: November 8, 2006
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But not necessarily needed now. Continue at 90 day terms Pros: Management likes Cons: Subject to short term rate increases, going concern issues with upcoming audit, Callable in 90 days, no collateral or covenants, bank management is negative on situation, significant distress costs reduce stock value...
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But not necessarily needed now. Continue at 90 day terms Pros: Management likes Cons: Subject to short term rate increases, going concern issues with upcoming audit, Callable in 90 days, no collateral or covenants, bank management is negative on situation, significant distress costs reduce stock value...
Showed next 250 characters

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