InvestorsHub Logo
Followers 17
Posts 1755
Boards Moderated 0
Alias Born 12/27/2006

Re: samaelrocks post# 16

Tuesday, 02/06/2007 2:51:52 PM

Tuesday, February 06, 2007 2:51:52 PM

Post# of 143
"In addition, as part of the transaction, all current convertible note holders have agreed to restructure their debt into zero coupon fixed rate convertible preferred shares with a two year hold on any conversions."

Looks like a great deal, I love that part = dillution free for 2 years. (from outside debtors)

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.