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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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Millennium $1.8 Billion Dollar Loan Downgraded???
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<p>[QUOTE="anonymous, post: 5482950"]Millennium Financial Summary:</p><p>Millennium takes out a $1.8 Billion loan, neglecting to disclose OIG investigation to lenders.</p><p>YET, per their 2015 Quarterly report only has about $70 Million in cash on hand.</p><p>US Gov't just imposed a $250 Million fine (where will the money come from?) </p><p>Expect: Bankruptcy and continued litigation.</p><p><br /></p><p>If anyone thinks they are going to get paid....think again.[/QUOTE]</p><p><br /></p>
[QUOTE="anonymous, post: 5482950"]Millennium Financial Summary: Millennium takes out a $1.8 Billion loan, neglecting to disclose OIG investigation to lenders. YET, per their 2015 Quarterly report only has about $70 Million in cash on hand. US Gov't just imposed a $250 Million fine (where will the money come from?) Expect: Bankruptcy and continued litigation. If anyone thinks they are going to get paid....think again.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Laboratory/Diagnostic Sales
>
Millennium Laboratories
>
Millennium $1.8 Billion Dollar Loan Downgraded???
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Laboratory/Diagnostic Sales
>
Millennium Laboratories
>
Millennium $1.8 Billion Dollar Loan Downgraded???
>