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Alias Born | 11/07/2005 |
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Monday, July 10, 2017 9:03:43 AM
They already settled 550 million so its done, over...has happened already.
But they can only "leak out" of shares at a fixed controlled rate.
What more this LARGE debt was hanging over TXHD bigtime. Was it brutal?...yes, sure.
But this overhang is now removed from market and now the largest notes are gone and settled.
Yes, if it was me or you we would have handled this deal much better like not taking note holders to court, but its over now.
Asking .001 pre-market
Dont be surprised it rallies a bit as market uncertainity is now removed.
But saying will dilute shares?....nah, you missed the boat, they already have...so we are delaing with roughly 2 billion OS now.
But some of the largest TOXIC debts are gone and settled
Have a great low float, or killer chart to share with our group of traders?
Post it up on my new board!
Sweet Crude's - Low Float and Chart Plays (please join)
http://investorshub.advfn.com/boards/board.aspx?board_id=21852
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