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Tuesday, June 21, 2022 9:48:40 AM
The Extraordinary Meeting of holders of 10% Senior Unsecured Convertible Debentures Due September 14, 2021, also held today was adjourned to a later date and further information will soon be provided to Debentureholders.
https://finance.yahoo.com/news/1933-industries-announces-motions-passed-224500567.html
According to 1933's most recent investor presentation Paul has gotten the debebture debt down to a manageable $3.7 million from the double digit millions it was before. It's not that much but it will have to be dealt with. Debenture holders have always been open to Paul's proposals in the past so they seem like reasonable people. I'm sure Paul will handle this like he has everything else :) glta
New 1933 Investor Presentation
https://www.1933industries.com/images/pdf/presentation/2022/1933%20Industries%20Corporate%20Presentation%202022.pdf
Posts are my opinion only, and not advice of any kind. glta
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