Monday, February 13, 2006 11:56:36 AM
Understand this. I have said it before. GZFX has NO choice other then to buy the debentures back. They made the deal now GG can cash in the debentures any time the price is right for them (on a rising pps IMO).
Right now GG can buy shares for about .0057 per share with the debentures. GZFX can't just say "no you can't have any more" unless they want to pay the penalties.
At .0057 per share selling at .008 well, wouldn't you cash in? especially if you had a near endless supply.
Right now GG can buy shares for about .0057 per share with the debentures. GZFX can't just say "no you can't have any more" unless they want to pay the penalties.
At .0057 per share selling at .008 well, wouldn't you cash in? especially if you had a near endless supply.
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