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Old 12-26-2008   #15
Hell Puppy
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Join Date: Oct 2002
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Default Re: Bullshit reaches limit - AFF and Iporn scuttlebutt

Hail Mary indeed.

No one in their right mind tries an IPO in this market unless they have to. I seriously doubt they can get enough for the offering to come anywhere close to that debt.

I haven't looked at the balance sheet, but with that debt hanging over them and with the current return rates, that paper will be worthless.
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