Not 100% sure, since I have seen different interpr
Post# of 16816
Posted On: 06/07/2012 10:02:10 PM
Not 100% sure, since I have seen different interpretation on the PR that discussed BCAP liquidating assets in RIGH. I was under the impression that we liquidated a portion of common shares, but folks think it says all of the shares of RIGH (even though I read it to be all of the shares that were converted so far). The Q2 financials will state for sure what it mean't. Also, since we have begun liquidating the debt in RIGH it would be safe to assume Dwyer is no longer actively acting as an insider to help the company with the R/M process (as all the details should be done). I do know they have a lump sum to give us in July, which I believe is 200k off the top of my head. Once the debt is converted and liquidated we are essentially done with RIGH, although I believe we want to maintain a relationship to get them as a TA client and eventually open a brokerage account (when applicable).
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