Originally Posted by
Freds Ex
The full 100 million not being available is not a vote of confidence. The 50 million is being made available because of the labor savings is paying for it and does not reflect any confidence in the new business plan.
It honestly makes me wonder if the $50m is to get them thru the holiday season, because without it, ceasing operations before Christmas would be bad on many fronts.
The fact they only gave them $50m and the other $50m is tied to requirements does not bode well for confidence. Any time you pay "half now, half later" it's because you have doubt about the job getting done.