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TESLA777

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TESLA777

Re: Phin post# 424

Monday, 03/23/2015 5:02:57 PM

Monday, March 23, 2015 5:02:57 PM

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Phin I havent looked into all the debt, I dont believe there is a large amount of toxic debt as in convertible notes, the O/S is only around 200 million from the last official filing that I can find...

There are preferred shares that can be converted into commons though, but I really dont think they are going to be an issue in the immediate future..... the big hang up here is the Forest Oil bond holders (and a few old Forest Oil shareholders) are not happy with the deal that Forest Oil got in the merger, and they have taken Sabine to court...

I think things will work out, but this is a new merger and a huge company that needs time to consolidate, $85 Dollar per barrel oil would help also....so this one could take a while but its way undervalued IMHO....there is money to be made here...but trade it only until we get more info and can make better decisions....

If you only knew the magnificence of the 3, 6 and 9, then you would have the key to the universe....N Tesla

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