Global Brokerage Inc. (GLBR)

[pennybuffet]

I think the current valuation is based on the terms of the loan that dictate how funds received from a sale out are distributed. Based on these terms the shareholders are left with little. However based on the most recent communication from the company it doesn't look like they are going to be selling out. Rather they will be selling a portion of the noncore business. I am curious as to what is there that will prevent the company from searching for a different loan with more favorable terms that they can use to repay this loan. I wonder if there is anyone with more insight into this that thinks this may be possible.