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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

Bullboard (OTCPK:ARNBF)

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Post by pennydredfulon 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  
Post by pennydredfulon 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  
Post by pennydredfulon 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  
Comment by mike49on 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  
Comment by pennydredfulon Jan 17, 2015 3:09pm

RE:RE:SERIOUSLY??

"Pay   them  with  stock  at  current  prices "   correct   but with  the  current   deal   they  ...more  
Comment by teeveeon 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  
Post by pennydredfulon 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  
Comment by pennydredfulon Jan 07, 2015 11:54am

RE:arcan debenture vote

It   is  outrageous    that  these   Toronto  based  funds  holding  40%   of  the  bonds   will  ...more  
Post by rad10on 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  
Post by djw831on 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.
Comment by pennydredfulon 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   ...more  
Comment by pennydredfulon 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  
Post by rad10on 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..................
Comment by rad10on 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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