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Poster Name:
Theta Chi Capital

<strong>Subject:</strong><br />Phi Delt Liquidity Problem<br /><br /> Poster Message:
Alright, let’s address the elephant in room — Phi Delt’s crippling liquidity crisis. We’ve been running stress tests on the balance sheet, and frankly, the results are worse than a regional bank in 2008. This house is operating with negative free cash flow, a debt-to-keg ratio that’s completely unsustainable, and a liquidity profile so weak, they might as well be issuing IOUs for beer at this point.