InvestorsHub Logo
Followers 221
Posts 28613
Boards Moderated 0
Alias Born 03/18/2009

Re: justasupporter post# 23559

Thursday, 07/31/2014 11:21:54 AM

Thursday, July 31, 2014 11:21:54 AM

Post# of 30248
Swapping one derivative security for another derivative at an exchange favorable to the note holder has an accounting entry offsetting it as a liability to the equity holders. There is no benefit, just a liability entry swap.

Does TCPS have a business other than for printing paper and selling it into the public markets?