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Replies to #9913 on Q stock Traders

Lone Wolf

05/11/15 8:09 AM

#9914 RE: the cork #9913

Thanks Cork. Always appreciate your wisdom and insights. All the best to you with your positions!

C C

05/26/15 11:28 PM

#9915 RE: the cork #9913

cork here is a new twist to Q companies


PALDF has a new twist to it
terminate all warrants & options
PALDF is going to sell debs to policy holders on record

Existing holders of common shares will own 2% of the post-Recapitalization common shares outstanding on a fully-diluted basis;

The Company's outstanding warrants and options will be terminated;

After completion of the Recapitalization, the Company will undertake a $50 million rights offering to raise equity, pursuant to which all shareholders at that time will be able to participate;


The $50 million rights offering will be backstopped by Brookfield and other parties;




http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113727849


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