Replies to post #96732 on Nexus Energy Services Inc (IBGR)

[Pennyboy20]

Why do you continue to say 10 cents on the dollar. That implies a 90% discount which is BS. 50% out is the accurate reality until convertible debt is done. Imo

[Lemuitoguerra]

It's actually quite simple: the shares currently being sold are the ones that were issued as payment—valued at the estimated price agreed upon in the deal. In other words, nothing is going to happen.