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Posted On: 06/03/2017 2:52:49 PM
Post# of 1514
AND, when the yearly revenues are becoming greater than the debt on the books, coupled by decreasing interest payments; there will be an actual EPS.
Gurba has done a nice job of:
1) Reducing the debt load without giving up Power (the A & B preferred shares do not have voting rights, just nice dividend and interest privileges.
2) The debt reduction transfers debt to equity, without diluting the common shareholder (me)
We should know where we stand on the toxic debt transfer shortly (mid-June).
Gurba has done a nice job of:
1) Reducing the debt load without giving up Power (the A & B preferred shares do not have voting rights, just nice dividend and interest privileges.
2) The debt reduction transfers debt to equity, without diluting the common shareholder (me)
We should know where we stand on the toxic debt transfer shortly (mid-June).
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