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pgsd

11/10/22 8:31 AM

#529973 RE: tryn2 #529970

Totally agree, partnership(s) my preferred choice also :-)
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Bob_LobLaw

11/10/22 8:48 AM

#529983 RE: tryn2 #529970

That tranche was opened because we ran out of authorized common and needed to pay the bills - toucan, fife etc. that is all.
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Poor Man -

11/10/22 9:14 AM

#529991 RE: tryn2 #529970

A buyout wouldn’t require any financing by NWBO. The preferred is clearly targeted to sell an equity stake in the company to a BP(s) in connection with a partnership. Fairly conventional deal structure for this type of transaction.