http://seekingalpha.com/filing/3469601
4 replies (most recent on top)
pkt: Is this information in the 10k, if so what page? If not in the 10k, where can I read on this?
Thanks.
Pension plan is up 16%
Moreover, if the borrowing base (as calculated pursuant to the indenture) falls below the principal amount of the notes plus the principal amount of any other indebtedness for borrowed money that is secured by liens on the collateral for the notes on the last day of any two consecutive quarters, it could trigger an obligation to repurchase notes in an amount equal to such deficiency.
at the end of this Quarter they will have been below the required threshold for 2 quarters. Bye Bye Sears
GOING CONCERN WARNING per the disclosures! the end is near !!