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FutureGNR

05/09/24 9:35 PM

#9891 RE: GARYM1 #9890

They are two separate events that lead to one and the same conclusion, but they do Not close at the same time.

The Private Placement very well may have closed yesterday, and the Debenture Amendments may take a few day or more. When they are Both done, then the Restructuring will be complete.

So, I ask you in return: Why announce the closing of the PP, One Half of the elements needed, and then announce the closing of the Debenture Amendments later when they are both needed to complete the restructure?

Imagine getting the announcement that the PP closed, yet having to wait again for the other announcement to see the entire deal finalized. Now that would be a bit strange.

They very well may announce them separately, but it makes complete sense to wait until they are both done to make the announcement.



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