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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Bank Review of Arcan's Credit Line
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Comment by rad10on Oct 03, 2014 12:03pm
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Post# 22995994

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

RE:RE:RE:RE:Bank Review of Arcan's Credit Line
teevee wrote: rad10,
 I see no alternative to paying debenture holders with stock at market price. The only rational explanation for the debenture price holding up is that who ever is accumulating, expects conversion of the debture to shares which will give them a majority control of the company. 


You may be onto something LOL,..............

When do the debentures come due? - A lot changes quickly in the oil patch............
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