Originally Posted by
DirkDiggler9999
While I do love the optimism, it is still concerning that Mr. Davis spins the $50M as a vote of confidence. If DIP investors were confident, they would have gladly handed over $100M. It didn’t happen. This shows, what I would consider, a last chance to NK. It does make me wonder that it actually buys time for the investors to weigh their options before pulling the plug. I’m not sure this gives any airline confidence to buy NK. By this time, NK promised to have a buyer or have a plan in place showing sustainable operations. Neither happened. I’m worried!
I mean, we definitely weren't in the boardroom.. we can't say with certainty that neither happened.. we have no idea what the lenders seen.. if we have an IOI, if we're in late stage merger talks, anything really.. there was nothing that required public disclosure..
If "neither happened" is exactly what was going on the in boardroom, I suspect the lights would've been shut off Saturday night..