Replies to post #17305 on Global Brokerage Inc. (GLBR)

[Crusen]

Clearly, you have not read what I have posted.

As the CFO confirms, LUK can force a sale irrespective of loan repayment.

Please, read each word carefully. There is a lot of important information in the conference calls...

Niamh Alexander

Robert, if I could just clarify with respect to Leucadia facility. So it sounds like you are really lining out quite a lot of businesses that add up to quite a lot of capital towards the repayment of the loan. Is there a scenario that we might have missed in the dossier and what scenario does that right to force a fail in three years go away and that whole kind of tranching of the consideration in the event of a fail. Like if you fully pay down the loan by a certain time, I guess we are trying to figure out how to value the stuff for public investors and that’s something that really weighs on it.
Robert Lande - CFO

No, the right to -- it's annual right that starts in three years from January '16. And then have the right to, can trigger a sale of all or a portion of the business and it is not tied to whether the loan is repaid. So right now what our game plan is is to repay loan and grow this business into something more than what it is right now.

http://seekingalpha.com/article/2998256-fxcms-fxcm-ceo-drew-niv-on-q4-2014-results-earnings-call-transcript?part=single

I hope that was clear, Green.