James Harper
James Harper
becoming company footing looks results seems steady
Operationally and financially the company looks like it is on a steady footing now. It seems more and more predictable. The results in 2003 and 2004 were really choppy. Now they are becoming more predictable.
face worse
Let's face it you can't get any worse than being in default.
creditors expected haircut large paid taken though
Even though creditors have taken a large haircut it was better than expected ... it is better getting paid something than not getting paid at all.
creditors good news paid start
It's very good news for creditors who can start getting paid again.
agreement cannot contract fund service tv
Unfortunately, the TV is out of warranty, so we cannot fund the repair, and the service contract agreement was made with the retailer who is now out of business.