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penelopeabril

02/06/16 5:37 PM

#47285 RE: jb128 #47281

Here's the thing. We want Baiyin to be interested in share price and interested in shareholder value. Giving them 17% of the outstanding shares is a great move longterm. The best thing that could happen is that Baiyin loves the company, wants more shares, and news spreads to investors globally and the price responds.

I would be very concerned if Baiyin DID NOT want equity in the company. That's basically what Gramercy was doing making millions of dollars on the debt service and not helping to grow the company. In fact Gramercy was probably a significant deterrent to growth, however Banro needed the financing..

jt6455

02/06/16 7:32 PM

#47286 RE: jb128 #47281

Why not a $1 while we're at it?
The last I checked you were neither at the negotiating table nor were you putting your own capital at risk. But here's the thing...this is not pink sheets where every week theres a "home run deal" being made.

Nebulous and arbitrary speculation at its best. FYI most deals die before they are inked ;)