Inquiring minds want to know.
Is it stuffed under your mattress ? Why arent vendors being paid ? Why are payments delayed ?
What is off balance sheet ?
3 replies (most recent on top)
Mngt is paying just enough to keep suppliers from stopping work completely, to keep things going. But bankruptcy is part of the plan.
Need $$ to pay BIG bonuses to special employees.
We actually have the cash and credit, but the problem is once you HAVE to use it up, no one wants to do business with you. If we're stretching out our vendors that badly, I'd guess it means Pipes won't be sold this month! MDR a new kind of company. Give us stuff and maybe we'll pay for it!