Columnist: Investors Learning the Hard Way About Investing in Retail Supplier Parent’s Notes Program
June 19,2017
Lee Schafer, columnist for the Minneapolis Star Tribune, writes on the suspended renewable unsecured subordinated note program that had been offered by Aspirity Holdings, parent of Aspirity Energy, and the bleak outlook for note holders
RetailEnergyX.com was first to report last month that Aspirity had suspended the Unsecured Subordinated Note Program due to reaction to a "going concern" note in Aspirity's 10-K which reflected management’s substantial doubt as to Holding’s ability to continue as a going concern principally due to the amount of debt maturing within twelve months
