31 days ago
Here we go again. Vast Resources (VAST) a company where 99.99% of shareholder value has been destroyed was due to repay $8.4 million to two death spiral providers, Alpha & Mercuria, last May. But being a cash consumptive company with no money whatsoever that was going to be hard. If you owe the bank £1 you are in trouble. If you owe the bank $8.4 million the banks, or in this case death spiral providers, are in the merde.
