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Bullboard - Stock Discussion Forum
Arcan Resources Ltd
ARNBF
Energy
Oil & Gas E&P
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Bullboard (OTCPK:ARNBF)
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(157)
•••
pennydredful
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Post by
pennydredful
on Feb 02, 2015 2:52pm
Can anyone report on todays meeting of deb. holders ?
EOM
(157)
•••
pennydredful
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Post by
pennydredful
on Jan 27, 2015 3:19pm
LAST DAYS to VOTE NO for Arcan debs.
Today and Tomorrow . Vote against exchanging your bonds for a 5 cent stock with more than a&
...more
(157)
•••
pennydredful
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Post by
pennydredful
on Jan 21, 2015 5:20pm
Debenture Holders will fair much better if they vote NO
To company's latest proposal even if the bank puts them in receivership. No allowance required for common shareholders , and
...more
(157)
•••
pennydredful
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Post by
pennydredful
on Jan 20, 2015 3:21pm
LAST 32 on ARN.db
32% of ..15 equals .048 on stock . Every wonder why stock valued at .15 when
...more
(20)
•••
mike49
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Comment by
mike49
on Jan 19, 2015 1:30am
RE:RE:SERIOUSLY??
they would only be deferring if a majority made them.terms don't nessecarily say that stock has to be issued in lieu of original capital/interest. this is a move by arn and some holders to
...more
(157)
•••
pennydredful
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Comment by
pennydredful
on Jan 17, 2015 3:09pm
RE:RE:SERIOUSLY??
"Pay them with stock at current prices " correct but with the current deal they
...more
(6)
•••
teevee
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Comment by
teevee
on Jan 16, 2015 10:22pm
RE:SERIOUSLY??
Sadly, if debenture holders vote no, they are only defering conversion to shares as stipulated in the debenture terms and conditions. When the debentures come due, ARN has no choice but to pay them
...more
(157)
•••
pennydredful
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Post by
pennydredful
on Jan 16, 2015 5:12pm
SERIOUSLY??
You going to vote to exchange your bond for a penny stock with more than a billion shares outstanding that will
...more
(157)
•••
pennydredful
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Comment by
pennydredful
on Jan 07, 2015 11:54am
RE:arcan debenture vote
It is outrageous that these Toronto based funds holding 40% of the bonds will
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(198)
•••
rad10
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Post by
rad10
on Jan 07, 2015 7:28am
arcan debenture vote
Materials have been sent out. I have no objection to a restructuring. I have a big problem with being short changed. Vote NO and ask for a proposal that treats all debentureholders
...more
(0)
•••
djw831
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Post by
djw831
on Jan 05, 2015 12:33pm
Debenture holders
If you own either the ARN.db or the ARN.db.b and have issues with the conversion please contact me: donny@acumencapital.com.
(157)
•••
pennydredful
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Comment by
pennydredful
on Dec 31, 2014 9:49pm
RE:9 million dollars of free equity - "debenture committee"
Another way to look at it : Arcan just paid 9 million for
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(157)
•••
pennydredful
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Comment by
pennydredful
on Dec 30, 2014 3:12pm
RE:9 million dollars of free equity - "debenture committee"
It is likely all their expenses will be reimbursed by Arcan . The 9 million is just theft
...more
(198)
•••
rad10
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Post by
rad10
on Dec 24, 2014 4:52pm
9 million dollars of free equity - "debenture committee"
The insider committee claims to have incurred expenses - they must have hired johnnie Cochran..................
(198)
•••
rad10
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Comment by
rad10
on Dec 24, 2014 9:40am
RE:RE:NEW ARCAN ARTICLE!!!!!
Exactly righand! The situation at Arcan is not as dire as they would have you believe. The gouging of the debentureholders is unacceptable - they only have a 40% commitment. If you
...more
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