Post by
pennydredful on Jun 06, 2024 3:34pm
Debenture interest due June 30th
One thing funny is that all hell would break loose if they missed the payment to the unsecured , however as the secured are individual entities they can negiotiate amended terms with them re interest and re payment requirements
Comment by
pennylane101 on Jun 06, 2024 5:23pm
Why would this be funny? Sorry, I don't get the humour.
Comment by
pennylane101 on Jun 06, 2024 5:29pm
Okay, I get it. If a payment is missed to the secured creditors, negotiations can resolve things. However, with the debentures not so. Personally, I don't believe they'll miss the June 30 payment. They stopped dividend payments to unit holders, so they'll have more disposable cash available. At least I hope so.
Comment by
pennylane101 on Jun 06, 2024 5:48pm
You know what is funny? Since our user names are so similar, people might think we're one and the same and we have a medical condition like schizophrenia with a split personality disorder. LOL!
Comment by
w335g601 on Jun 13, 2024 9:09am
I did not receive the interest payment due May 31, 2024 on these debentures. Anyone else missing theirs?
Comment by
MARKOPOLIS on Jun 13, 2024 12:20pm
Give them a call several others are saying same thing
Comment by
pennylane101 on Jun 13, 2024 2:10pm
What a bunch of jokers! Hope you don't get stuck with a short squeeze. Convertible debentures Feb. 28, 2026 9.0% — — 28,750 28,750 Convertible debentures Dec. 31, 2026 5.5% — — 84,200 84,200 Convertible debentures Dec. 31, 2027 7.5% — — 45,000 45,000
Comment by
2young2invest on Jun 13, 2024 3:45pm
markopolis why are you such a clown? debentures are paid in the end of february, august, june and december. there are no payments in may.
Comment by
w335g601 on Jun 13, 2024 9:40pm
Debentures pay interest 2 times a year, not 4!
Comment by
2young2invest on Jun 13, 2024 3:46pm
I guess, w335g601 is just a fake account created by markopolis.