InvestorsHub Logo
Followers 2
Posts 63
Boards Moderated 0
Alias Born 04/24/2014

Re: pondgolden post# 37028

Tuesday, 09/23/2014 2:26:52 PM

Tuesday, September 23, 2014 2:26:52 PM

Post# of 111920
That language is absent.

1. Assuming they pay off a portion, and convert a portion, then the remaining amount may be restructured. (it's difficult to know exactly because they amount that is being payed off is still unknown.

2. They pay off a portion and take a loan to payoff the remainder with more favorable terms that don't include stock conversion.

3. If all the other convertible debt was converted and this pps drop is attributable to that, and not shorting then the outstanding shares would be much greater thus the 4.99% would be much larger also.

4. Maybe it all gets paid off absent the maximum allowance conversion within the 4.99% threshold.


This is all speculation, however it is based on verifiable information.

GLTY