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Arcan Resources Ltd
ARNBF
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Bullboard (OTCPK:ARNBF)
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jd43xl
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Post by
jd43xl
on Jul 27, 2014 10:56pm
teevee
Since you own no shares nor debentures, just what is your interest here? Who do you work for?
(6)
•••
teevee
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Comment by
teevee
on Jul 27, 2014 10:00pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:teevee, debenture redemption
Not so. Aspensleaf is simply paying a premium to market to the debenture holders and throwing a bone to shareholders. What ever you think or believe and insist is fair or what ever, if voted down
...more
(0)
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jd43xl
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Comment by
jd43xl
on Jul 27, 2014 9:31pm
RE:RE:RE:RE:RE:RE:RE:RE:teevee, debenture redemption
Well, I believe you are talking out of your butt. The Aspenleaf offer proves that the market is wrong. They are offering enough to pay off the secured lenders and the debenture holders at face value
...more
(6)
•••
teevee
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Comment by
teevee
on Jul 27, 2014 4:48pm
RE:RE:RE:RE:RE:RE:RE:teevee, debenture redemption
I believe the reason why the debentures traded at 50-60 cents on the dollar before the offer on the table, is because the market believes that is all they are worth after satisfying the secured
...more
(198)
•••
rad10
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Post by
rad10
on Jul 27, 2014 11:12am
guys you are not anonymous on line
libel is libel............ Be careful.
(0)
•••
jd43xl
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Post by
jd43xl
on Jul 26, 2014 3:37pm
teevee the liar and fraud
Once again, when proven to be a liar, the fraud teevee tries to change the subject. Once again teevee, who do you work for?
(198)
•••
rad10
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Comment by
rad10
on Jul 26, 2014 12:36pm
RE:RE:RE:RE:RE:RE:teevee, debenture redemption
guys - there are other options at maturity. With a 2/3 majority vote the debenture terms can be amended. Typically an increase in the interest rate, a consent fee, and / or a reduction in the
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(6)
•••
teevee
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Comment by
teevee
on Jul 26, 2014 12:18pm
RE:RE:RE:RE:RE:teevee, debenture redemption
The facts remain that if this deal is voted down, the debentures will go back to 50 cents on the dollar, ARN will continue to deteriorate, and when the debentures come due, debenture holders
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(4)
•••
seriousinvest
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Comment by
seriousinvest
on Jul 26, 2014 11:37am
RE:RE:RE:RE:teevee, debenture redemption
TV I find your interpretation to be nothing short of bizarre. That provision is a very standard one that is contained in every convertible debenture I have ever read (the percentages and dates
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(0)
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jd43xl
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Comment by
jd43xl
on Jul 25, 2014 8:59pm
RE:RE:RE:RE:RE:RE:teevee, debenture redemption
Yup, when confronted with facts, lying scumbags always resort to some sort of accusation. But no, I am not shorting anything. As for you, how about acknowledging that you were wrong, and I was right
...more
(6)
•••
teevee
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Comment by
teevee
on Jul 25, 2014 8:46pm
RE:RE:RE:RE:RE:teevee, debenture redemption
jd, Given how close the market for debs is to offer, I can only conclude you are shorting the debentures, intending to cover if the deal is voted down.
(0)
•••
jd43xl
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Comment by
jd43xl
on Jul 25, 2014 5:25pm
RE:RE:RE:RE:teevee, debenture redemption
teevee, why do you continue to post lies. You have it backwards. The paragraph I quoted from the prospectus has to be satisfied first. Who exactly are you working for?
(0)
•••
mathwhiz
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Post by
mathwhiz
on Jul 25, 2014 2:48pm
Info Circ
There's definitely a bit of good news in the first few pages that I've had some time to go through. And a bit of bad as well. The bad stuff first... Never let Graeme Ryder choose the name for
...more
(198)
•••
rad10
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Comment by
rad10
on Jul 25, 2014 2:16pm
RE:RE:Marvellous a company named after a Lamborghini..............
Rob - it is certainly bull alright. As for generating a decent rate of return the track record speaks for itself. I only hold debentures in this company.
(0)
•••
mathwhiz
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Post by
mathwhiz
on Jul 25, 2014 1:36pm
Info circ fun posted on IV earlier
Posted by numbersman61 on IV earlier: "Just started reading info circular (over 400pages) and very disturbed with payments to directors, officers and employees. In Feb and March of this year they
...more
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