Originally Posted by
Nacho Libre
So in listening to this teleconference at what point did he say F9 WAS taking the grant? Something that stood out to me was that he didn’t want involuntary furloughs, but brought up a gap from $220M to $300M in payroll. What happens if they only save some of that in COLAS, ETC.?
I guess we wait to hear something from the Union or the Company shortly.
Read the memo in Comply, easier to digest and says the same things as the call. It says utilizing government money is “likely”. Can’t say it’s a sure thing, still have to apply to the Treasury. If there’s still a payroll shortfall then I wouldn’t expect our checks to bounce. Our cash position is strong. Just relax, for once I have a good feeling that we will get through this.