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alabama96

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alabama96

Re: pedro12 post# 517

Thursday, 07/11/2019 9:32:49 AM

Thursday, July 11, 2019 9:32:49 AM

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“GGBXF recently raised $45 million through a private placement of 15% secured convertible debentures with a conversion price of $7 CAD.”

This is a loan from the Shottensteins and I hardly see how these are bad terms when the conversions price is over 300% than what the stock is trading at today. I believe when the deal was made the stock was trading around $3/share. If anything these term are extremely favorable.
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