OTCPK:HBAYF - Post by User
Comment by
valueinvestor19on Oct 25, 2017 2:37pm
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Post# 26857539
RE:Objectively speaking....
RE:Objectively speaking...."conversion price is subject to adjustment from time to time in accordance with the terms of the Preferred Shares."
Also, to get this kind of investment for a highly levered business that is part of a (perceived) dying industry is no easy task. This deal is seriously transformative for HBCs financial position.