InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,085.90
(
0.12%
)
Post# of 36208
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Hugodrax

Send PM Follow Ignore
Followers 17
Posts 2224
Boards Moderated 0
Alias Born 11/18/2014

Hugodrax

Re: Fangster post# 31427

Monday, 12/12/2016 9:14:35 AM

Monday, December 12, 2016 9:14:35 AM

Post# of 36208
The conversion feature is only potentially "deemed equity" under GAAP accounting. It has NO bearing on the absolute priority rule in the bankruptcy code.

The whole face value is debt. Fact.

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up