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Message Boards Settings Orleans Homebuilders (OHB) - Quote Info
OHB Paid 2% of Total Cash To Extend Line for 45 Days!     14-Aug-09 04:33 pm    
Wow! And that offers no assurance they won't file for bk in 45 more days.

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"The Company paid a bank amendment fee of $250,000 in aggregate to the requisite lenders that approved the amendment, as well as certain expenses of the lenders.

The Company believes that the temporary enhancements to liquidity achieved through the Amendment should meet the Company's liquidity needs only up to approximately September 30, 2009."
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OHB Paid 2% of Total Cash To Extend Line for 45 Days!
hb_shorty20... Not rated 14-Aug-09 04:33 pm  
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Orleans Homebuilders Inc. (OHB)

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At 10:43AM ET: 1.84 Down 0.09 (4.66%)
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