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Re: BBalls-N-CowTown post# 64145

Tuesday, 08/10/2010 4:25:04 AM

Tuesday, August 10, 2010 4:25:04 AM

Post# of 67237
Just a question BBalls to get things a little straight in my head.

For the moment we have debts here and there, owing money to several debtors. If now, in giving out these Senior notes, we centralise our debt, get a considerable sum to pay that off, and the company gets healthy enough to pay off the interest AND set aside enough money to pay off the main sum in 2018, we're out of the woods, no ? Since they are not convertible notes, we won't have an emmission of extra shares either, no ??? So no dillution and no pps of 0.27 $ but a reasonable diminuation in pps due to writing of the costs of refinancing all this. Am I talking jibberish now, or does this makes sense ?

So couldn't this be a good thing (or the next best thing to an extreme low interest loan for refinancing).

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