InvestorsHub Logo
Followers 12
Posts 1375
Boards Moderated 0
Alias Born 12/31/2010

Re: Curse post# 295

Monday, 06/03/2013 11:45:06 PM

Monday, June 03, 2013 11:45:06 PM

Post# of 319
New Motion by Crystallex Posted by Monitor...

Seems they heard you.
Motion to:
Nothing about ousting shareholders. Hey, better than that 1% prediction.
Stay to Dec. 31, 2014. One year auto-renew afterwards.
Increased compensation to Oppie (Probably a personal favorite).
Tenor increases principle loan another $11 large.
Tenor gets another ~15% of ICSID arb proceeds for the $11 large.
(additional proceeds earned once any additional principle is drawn)
No need for any CCAA Plan of Arrangement/Compromise.
Bondies get increased interest for allowing one-year Stays.
Unsure if Bondies get arb proceeds compensation. Doubt it.
Although, lots of the agreement is considered "confidential."

Nearing 50% arb proceeds for Tenor Cooperatief. For $47 large.
Better than 1% per million loaned. Plus, killer interest rate.
Then there is the MIP, 5% arb proceeds for management before.
Another possible 5% arb proceeds this go-around.

So, a touch over 40-45% left, after loan payouts.
And, lots of time left.

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.