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SK3 Group Inc. SKTO
Posted On: 09/11/2013 8:00:53 PM
Post# of 36729
Posted By: bellsandwhistles
Re: flyguy2000 #6652
Thanks. Could the new SK management have renegotiated those convertibles? Or are the convertibles you mention in fact renegotiated convertibles? Before new mgmt took over,  those creditors were staring at up to 100% loss on their original loan. Is that right? It's a miracle if they would get anything.   .0003 seems like a giveaway and,  from what you're saying, that super generous conversion rate has really hurt the PPS.

This subject would have been a great question for the Q&A.













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