Originally Posted by av8nallday

Acquiring NK would be the singled dumbest decision he could do unless it was a $1 acquisition. The amount of debt that they are carrying to the tune of a couple billion dollars would crush us. Then you could argue even for a $1 that would be stupid. They are burning over a quarter of a million dollars a quarter as well. With a $3 million holdback daily with the CC stuff yeah not a good situation to put ourselves in when we lost $70 million last quarter and have issues to figure out as well.

I’m not quite sure why guys are hellbent to this thing happening. Sitting here saying oh this would be great… Really? Explain to me how the seniority will go, or how in the world we would pay the debt even if we got it restructured. All while currently trying to get paid with our new proposal. While I feel for my buddies at NK I’m not one to push an acquisition by F9 it makes ZERO sense right now. We can’t hardly get out of our own way to make this place run let’s add some more bull to the mix maybe that’ll fix it. SMH