InvestorsHub Logo
Followers 0
Posts 313
Boards Moderated 0
Alias Born 03/29/2010

Re: pumper_stumper post# 1528

Wednesday, 12/08/2010 1:54:45 AM

Wednesday, December 08, 2010 1:54:45 AM

Post# of 1639
You keep saying that NXXI has debt..They have ZERO debt..Preferred Shares are not debt and considered as EQUITY!!
Preferred Shareholders cannot force NXXI into BK.. I'm sure they will be happy continuing to receive their quarterly interest in stock even if it takes a few more years for NXXI to redeem them..
Join InvestorsHub

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.