InvestorsHub Logo
Followers 11
Posts 1516
Boards Moderated 0
Alias Born 10/20/2014

Re: buffalop51 post# 31267

Monday, 12/28/2015 5:50:41 PM

Monday, December 28, 2015 5:50:41 PM

Post# of 47873
Buffalo-

Don't doubt that they are listening as BM thanked them every CC, just as YOU would if you owed them 60M$ and they could end your career with one letter.

But you bring up ODDS of this or that and you place"continuing with DM at 3%".

Actually think its more like this:

30% chance a partner invests into ISC to pay DM out ( best outcome for shareholders, positive for mgt.)

30% chance that DM provides another loan at better than 12.5% interest with NO convert provision ( worst outcome for shareholders, neutral for mgt.)

30% chance the company refi's all debt at a less than 12% and pays DM out. ( second best outcome for shareholders and positive for mgt., extremely positive for BM or DJ if they are responsible for bringing in the NEW loan(s))

10% chance the company is acquired. ( no comment until terms are known, but mgt. is covered via 11% of buy out price per CIC payments but have little skin in the game in terms of shares unless the per share payout is far above $1.40/share where they can convert)

HAPPY NEW YEAR TO ALL IMSC LONGS!!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.