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THQ in Default on Credit Line

A THQ SEC Filing (Adobe Acrobat format) reveals more fiscal bad news for the publisher, following a a recent collapse of its stock. The filing reveals THQ is in default on a line of credit from Wells Fargo, leading to a delayed 10-Q filing, and a situation that sounds tenuous at best: "The Company is currently in discussions with Wells Fargo regarding the asserted defaults and believes that it will reach an agreement with Wells Fargo with respect to such defaults. Wells Fargo has continued to fund requests from the Company after September 30, 2012 while Wells Fargo and the Company attempt to reach an agreement. There can be no assurance, however, that the Company will achieve an agreement with Wells Fargo." Thanks nin via Kotaku/Polygon.

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29. Re: THQ in Default on Credit Line Nov 12, 2012, 10:32 Kajetan
 
ASeven wrote on Nov 12, 2012, 10:21:
Also, THQ's stocks crashing 11% right now.
There is still something to crash from? Wow ...
 
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    Date Subject Author
  1. Nov 11, 14:10 Re: THQ in Defaults on Credit Line Rossafur
  2. Nov 11, 14:47  Re: THQ in Defaults on Credit Line NewMaxx
  3. Nov 11, 15:12   Re: THQ in Defaults on Credit Line killer_roach
  5. Nov 11, 15:23    Re: THQ in Defaults on Credit Line ASeven
  6. Nov 11, 15:35     Re: THQ in Defaults on Credit Line Wildone
  7. Nov 11, 15:48     Re: THQ in Defaults on Credit Line killer_roach
  8. Nov 11, 15:55    Re: THQ in Defaults on Credit Line Prez
  9. Nov 11, 16:11     Re: THQ in Defaults on Credit Line nin
  14. Nov 11, 19:41      Re: THQ in Defaults on Credit Line Prez
  10. Nov 11, 16:15    Re: THQ in Defaults on Credit Line NewMaxx
  11. Nov 11, 16:19     Re: THQ in Defaults on Credit Line killer_roach
  4. Nov 11, 15:17 Re: THQ in Defaults on Credit Line Closed Betas
  12. Nov 11, 18:36 Re: THQ in Defaults on Credit Line Cutter
  13. Nov 11, 19:39  Re: THQ in Defaults on Credit Line The Half Elf
  15. Nov 11, 21:28 Re: THQ in Defaults on Credit Line Nucas
  16. Nov 11, 22:22  Re: THQ in Defaults on Credit Line Jerykk
  17. Nov 11, 22:31  Re: THQ in Defaults on Credit Line ViRGE
  18. Nov 11, 23:31   Re: THQ in Defaults on Credit Line Jackplug
  20. Nov 12, 00:27    Re: THQ in Defaults on Credit Line Jerykk
  21. Nov 12, 03:35     Re: THQ in Defaults on Credit Line Fantaz
  22. Nov 12, 04:04      Re: THQ in Defaults on Credit Line zombiefan
  19. Nov 12, 00:20   Re: THQ in Defaults on Credit Line Nucas
  23. Nov 12, 04:49 Re: THQ in Defaults on Credit Line aesir05
  24. Nov 12, 05:29  Re: THQ in Defaults on Credit Line Kajetan
  25. Nov 12, 06:33   Re: THQ in Defaults on Credit Line Dev
  34. Nov 13, 03:38    Re: THQ in Defaults on Credit Line Iurand
  35. Nov 13, 05:23     Re: THQ in Defaults on Credit Line Prez
  37. Nov 13, 16:52      Re: THQ in Defaults on Credit Line Dev
  26. Nov 12, 09:43 Re: THQ in Default on Credit Line Verno
  27. Nov 12, 10:20  Re: THQ in Default on Credit Line ASeven
  28. Nov 12, 10:21   Re: THQ in Default on Credit Line ASeven
>> 29. Nov 12, 10:32    Re: THQ in Default on Credit Line Kajetan
  30. Nov 12, 11:28    Re: THQ in Default on Credit Line Creston
  31. Nov 12, 11:31     Re: THQ in Default on Credit Line nin
  32. Nov 12, 14:41      Re: THQ in Default on Credit Line Prez
  33. Nov 12, 19:41       Re: THQ in Default on Credit Line gilly775
  36. Nov 13, 06:13 Re: THQ in Default on Credit Line Suppa7


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