b*****h
发帖数: 3386 | 1 http://biz.yahoo.com/e/100511/tstr10-q.html
Going Concern, Liquidity and Capital Resources
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Based on our current plans, there is substantial doubt that the
available cash balance, investments and available borrowing capacity as
of March 31, 2010 will be sufficient to satisfy the projected funding
needs for all of 2010. We will require additional funding in the second
quarter of 2010. We cannot guarantee that financing will be available or
available on favorable terms. If we fail to obtain necessary financing
on a timely basis, we may be forced to curtail operations or take other
actions that will impact our ability to conduct our operations as
planned. Our 2010 financial statements do not include any adjustments to
reflect the possible future effects on the recoverability and
classification of assets and liabilities that may result from this
uncertainty.
We are currently considering various alternatives to extend our
liquidity and raise capital. We also commenced exchange offers for our
outstanding Series A, B and E Preferred Stock and solicited consents for
amendments to the certificate of designations of the Series B Preferred
Stock and the indenture governing TerreStar Networks' 6.5% Exchangeable
PIK Notes due 2014, as more fully described in Note 19. On April 12,
2010, the exchange offers and solicitation for consents were terminated
because certain conditions precedent had not been satisfied. Further, we
are evaluating other potential sources of funding including those
described in Note 19.
Our principal sources of liquidity consist of our current cash balances,
investments and credit available through our secured borrowing under
TerreStar-2 Purchase Money Credit Agreement ("Credit Agreement"), of
which $42.5 million is available as of March 31, 2010 and which is
available solely for construction and completion of our second
satellite, TerreStar-2. As of March 31, 2010, we had $19.6 million of
cash and cash equivalents. We have approximately $62.1 . . . | y******1
发帖数: 369 | 2 going concern......有破产危险啊，555555，希望他死前再跳几跳
【在 b*****h 的大作中提到】
: http://biz.yahoo.com/e/100511/tstr10-q.html
: Going Concern, Liquidity and Capital Resources
: 。。。。。
: 。。。。。
: 。。。。。
: Based on our current plans, there is substantial doubt that the
: available cash balance, investments and available borrowing capacity as
: of March 31, 2010 will be sufficient to satisfy the projected funding
: needs for all of 2010. We will require additional funding in the second
: quarter of 2010. We cannot guarantee that financing will be available or
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