(Total Views: 392)
Posted On: 12/08/2017 3:08:05 PM
Post# of 30076
We learned a lot.
120M shares outstanding.
And if we can raise $1.5M by January 10, $21M out of $22M of the toxic equity and debt will be exchanged into non-convertible securities.
Those were the two key pieces of information we needed to evaluate the last news - how many shares outstanding and how much of the toxic mess is impacted by the deal.
Would like to see less shares outstanding. But the fact that 95% of the toxic mess is morphing is good news.
Now we just need to know what is going to happen to the D&D and CHF notes.
And where is GC going to get the $1M he still needs.
120M shares outstanding.
And if we can raise $1.5M by January 10, $21M out of $22M of the toxic equity and debt will be exchanged into non-convertible securities.
Those were the two key pieces of information we needed to evaluate the last news - how many shares outstanding and how much of the toxic mess is impacted by the deal.
Would like to see less shares outstanding. But the fact that 95% of the toxic mess is morphing is good news.
Now we just need to know what is going to happen to the D&D and CHF notes.
And where is GC going to get the $1M he still needs.
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