GREY:CHALF - Post by User
Post by
unclebobieon Jul 07, 2020 1:27am
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Post# 31232224
Golden Leaf Holdings is converting debenture - common stock
Golden Leaf Holdings is converting debenture - common stockThis will save the company almost $400, 000 CAD - goood move on managements part
The holders of the debentures took approximately 21 million shares which represents are 2% of the existing shares. A bit of dilution but a nice peace of savings for the company.
It show that the holders have faith in the futrue growth of the firm.
good move as far as I can see.