Arcan Resources Ltd ARNBF

RE:RE:Bank Review of Arcan's Credit Line

[rad10]

teevee wrote: debenture holders had a chance to get out with 82.5% of their skin. Shareholders voted in favor except for LTS and CPG who may be interested in picking up the assets directly, and leaving the shareholders with zero and debenture holders with maybe 20 cents on the dollar IF they are lucky.

It would appear the correct decision was made teevee..................  Your prediction of an implosion in the debenture pricing hasn't really materialised. (10% drop not the 50% drop you predicted ) Why would I bank a small profit and reallocate funds when I can just sit on this bond?  Where else can I generate this amount of interest...........

Sorry you didn't get the big change of ownership payout - we have no interest in the economic wellbeing of company shills and hired help...................  It is done - move on.