Originally Posted by
Andy
They could do a secondary stock offering to gain more working capital. There are other games that can be played to avoid Ch 11.
Due to changes in BK laws with respect to maintaining/losing control of the company, they'll likely do anything they can to avoid Ch 11.
Parker has a lot of personal wealth to lose if AAG goes the ch11 route. Did I mention he’ll
still be chair of the board after he steps down as CEO??