HIIT

[gjames]

Dan:
what's your take on recent developments at HIIT?

[dan_s]

I don't follow it closely, but the default on the senior loan agreement is not good news. IMO it would be foolish for the bank to force them into bankruptcy. The bank would not collect much if they did. When an oilfield services company like this goes into bankruptcy, it really kills their chances of getting any business.