Replies to post #2304 on NIR Group

[QaB2i]

interesting post.

others have asked similar question (s),
my naive observations of the alleged 'underbelly' that
some allege NIR takes all/some 'blame' for^^

^^ a Note/Bond deal with NIR produces a never ending toxic extremely slippery, unable to shake out under any circumstance, In other words_ A Gorilla short seller that never trades anything 'hedged' in the actual 'known' market trading, amusingly, the hedged position only reveals itself when NIR has conversion from its Notes or gets the alleged hedge position get its balls squeezed off!

So what exactly would happen to the Issuers?

[pdgood]

Sunfun dude.

I doubt that will be the case. If NIR was in breach of contract non of the funded companies will be convertin shares to pay notes. They'll claim damages against NIR and let those claims run their course. My guess is that there would be settlments that involve paying back borrow money at no discount. This would likely be the fair option for both the funded companies and the NIR investors. This assumes NIR has shorted etc.