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Microcap & Penny Stocks : Quantum Fuel Sys (NAS.GM: QTWW) -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (260)3/15/2016 1:22:32 PM
From: The Ox1 Recommendation

Recommended By
FJB

  Read Replies (1) | Respond to of 271
 
9:01 am Quantum Fuel announces an event of default under its credit facility with Bridge Bank National Association on Mar 14, as a result of its failure to make a $2.7 mln principal payment ( QTWW) : The event of default under the Bridge Bank credit facility also constituted an event of default under the senior secured convertible notes issued by the co on Sept 15, 2013 and June 29, 2015, which have an aggregate principal balance of $12.5 mln.