Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,501.24
(
0.77%
)
US TECH 100
28,317.20
(
-1.65%
)
Dow Jones
50,063.46
(
0.75%
)
Brent Oil
106.55
(
2.27%
)
Bitcoin
80,443.97
(
-0.76%
)
News Focus
News Focus
Post# of 7212
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jaxstraw

Send PM Follow Ignore
Followers 179
Posts 9202
Boards Moderated 1
Alias Born 05/01/2009

jaxstraw

Re: paidmyway post# 5561

Thursday, 10/28/2010 6:26:35 PM

Thursday, October 28, 2010 6:26:35 PM

Post# of 7212
Additional exit financing does not benefit current equity holders in any way.

It actually puts the company deeper in debt coming out of BK, maybe on more favorable terms, and possibly able to pay it off with a cleaner business model, but it's debt.

And the PPS surge of late is not based on the company taking on more debt I would opine, lol.

As for this current surge, I do not have a clue as to what it is based on. The consensus up to now puts equity in deep out of the money warrants.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent TROX News
More TROX News