Replies to post #88 on EOS Preferred Corp Series D Pfd (fka EOSPN)

[mojopuppy]

why would a preferred holder accept a haircut when the face of the preferred is more than 2x covered by the assets of the companY?

[Enterprising Investor]

A tender offer is possible.

However, not likely.

Tender offers, like the one SKRRF is attempting, is a standard MO for firms in distress. CCPC is solvent. Equity is positive. There more than enough assets to call the preferred.