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agribusiness72

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agribusiness72

Re: qtipjoe post# 18911

Friday, 10/17/2014 10:09:37 PM

Friday, October 17, 2014 10:09:37 PM

Post# of 20680
He'd still have the preferred shares, all he'd do is trade what is owed in interest for regular shares as you suggest but what price he agrees to has nothing to do with current market price. He could just wipe out the debt totally, the share price would remain the same, or he could dilute your stock by accepting shares for debt regardless of price. Either way there is no positive for the shareholder.
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