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Lenny_da_Maniac

06/10/15 4:55 PM

#18895 RE: Inorout #18894

Glad we agree, then if and when they do reduce it we can celebrate together
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elkonig

06/10/15 6:58 PM

#18907 RE: Inorout #18894

Toxic lenders or lenders in general would demand that PPCH has enough shares in the kitty to cover conversions at any given time. As PPCH is basically bankrupt they don't have enough cash to cover the debt conversions so shares it is.
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undtrdr

06/10/15 7:26 PM

#18913 RE: Inorout #18894

Why do you pretend to be aloof? I know that you know that Propanc has gone on record several times that they along with Maxim are actively seeking acquisitions that would align, help fast track, and bolster their current IP. The current A/S lends extreme leverage, and a very long reach for just that, given the right suitor comes to pass.

I bet one day soon they will announce one and then follow with an A/S reduction for the shares they probably don't need to get it done

This company has the best strategy step by step I have seen for past and coming catalysts... I am in complete trust with how this will all play out and bring longs good Fortune$

Further they have retired several cd's early and are managing to move forward with minimal dilution as they have also stated.

$PPCH

We look forward to working with management to assist with strategic planning, developing strategic partnerships, advising on potential acquisitions and introducing the company to the investment community.



http://money.ca/canadian_money/2015/05/13/propanc-engages-maxim-group-llc-as-strategic-advisors/