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Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > Derivatives instrument
View:
Post by pricecollection on Mar 16, 2017 7:31pm

Derivatives instrument

WHat is that. It caused a huge loss last year and again this quarter
Comment by StilesBC2 on Mar 16, 2017 8:12pm
As I understand, prior to going public they would have issued bond type instruments at 12% interest, also giving the holder the option to convert their bond value into common equity by a certain date (end of Q1) and a certain price.  This is attractive for investors and more common in times of limited funding - reward for the risk they take by being unsecured.  When the company went ...more  
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