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Red Captain

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Red Captain

Re: Donotunderstand post# 404702

Friday, 04/21/2017 2:19:36 PM

Friday, April 21, 2017 2:19:36 PM

Post# of 793333
Yes ideally they could use part of the proceeds from the warrants as modest interest loan to help recapitalize the companies.

As you said though, even with a lousy recapitalization plan, we are still looking at 8-12. Current prices basically assign a high probability that the companies will be liquidated or that that common shareholders will be wiped out.
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