InvestorsHub Logo
Followers 169
Posts 10933
Boards Moderated 0
Alias Born 01/02/2014

Re: tat4tat post# 22767

Saturday, 06/11/2016 2:16:30 PM

Saturday, June 11, 2016 2:16:30 PM

Post# of 23033
Btw. AS is still 10B simply because SAKL (parent company ) bought out a convertible note from the third party.
It's recorded under LONG TERM liabilities and right now listed as $1.8mln (GRNE just gave them $300k during last Q).
As I said this is a long term liability with their parent company but still AS has to accommodate SS accordingly.
Other than that there's only one convertible note of $35k left on books, dated 2012 so obviously debt holder is not interested in converting; plus amount is small enough that I think we can assume that GRNE would pay it off as they did with remaining JMJ and LG note in April, especially that they show $150k cash on books.
GRNE

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.