RE:RE:RE:RE:RE:RE:RE:Just One Nagging Questioncaretired1 wrote: So if cgc is tanking and you still hold common shares in cgc, I guess you could convert to these exchangeable shares. Then you would have a share that could convert into CUSA class B if and when its a legal business. You still own shares in CGC though with no votes and not particpating, so if cgc tanks, you still have shares in a bankrupt company. Only if legalization occurs, do you get the option to convert into shares of CUSA so CGC needs to survive until then, imo. But cgc owns lots of shares in cusa so if they need $s and CUSA is successful, you assume cgc could borrow or raise equity on the basis of the value of CUSA.....imo
Isn't there a deadline for CGC shareholders to decide if they want to move into exchangable shares or remain in CGC?