InvestorsHub Logo
Followers 2
Posts 325
Boards Moderated 0
Alias Born 05/30/2006

Re: xyz1002 post# 97395

Friday, 11/16/2007 3:37:46 PM

Friday, November 16, 2007 3:37:46 PM

Post# of 245723
xyz1002- one quick question. Could the deal be structured in a way with the existing cd holders (Cornell) that the debt only be paid off through conversion of shares and that Tom COULD NOT PAY it off through cash (LOC) or any other means?

Just because Cornell knows they can make much more money through converting shares vs. being paid off early.