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jlglex

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jlglex

Re: BRAAVO post# 22626

Tuesday, 11/29/2011 4:34:37 PM

Tuesday, November 29, 2011 4:34:37 PM

Post# of 52855
Discount Reductions Had a Price ...

Some of those creditors got a nice chunk of Series D, apparently in exchange for some debt restructuring, including a change in the discount to market price.

They are tilting more towards equity, reflecting some optimism about the revenue growth.

Now, the Series D is all outstanding, reducing the share of equity available to the Common Stockholders.




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