Posted On: 02/10/2016 11:15:26 AM
Post# of 230
Well they are almost half way with getting agreements in place to stop conversion. They owe a lot, so I don't see it all getting paid of this year, but maybe they can replace convertible debt with more conventional financial instruments once they show growth and profitability.
In looking at the last quarterly and the Convertible debt reported there the next biggest is 537K with Westmount International Holdings. They have 5 lendors to cover still that hold 6 digit debt. Let's hope we see announcements from $COWI soon on them too.
Westmount International Holdings 537,317
Dakota Capital 200,000
Cariou 195,356
Tangiers Investment Group LLC 181,000
Redwood Management 123,935
If they can get deals with these 5 as well the conversion threat will be pretty much deal with.
In looking at the last quarterly and the Convertible debt reported there the next biggest is 537K with Westmount International Holdings. They have 5 lendors to cover still that hold 6 digit debt. Let's hope we see announcements from $COWI soon on them too.
Westmount International Holdings 537,317
Dakota Capital 200,000
Cariou 195,356
Tangiers Investment Group LLC 181,000
Redwood Management 123,935
If they can get deals with these 5 as well the conversion threat will be pretty much deal with.
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