Twin Butte Energy Ltd TBTEF

RE:RE:RE:RE:RE:Debenture holders better off if TBE goes bankrupt?

[qwqw]

The Chinese know damn well that with a measly $0.14 offer they don't have a hope
in hell of getting a yes vote.The main purpose of that offer was to make the shareholders nervous,knowing that if the debenture holders reject the offer, bankruptcy is a definite
possibility and in all likelihood would wipe out their share value.Sell baby sell.
The Chinese are not stupid, they were expecting to pay $.30 to $0.50 on the dollar,
if they can steal a few around $.14, why not?Also
-they save $4 to $6 worth of interest per debenture.
-the more they buy on the cheap, the less it costs to raise offer.
-with one third of the debentures they'll be able to block other bids.
-if a higher bid comes along, they could make some decent coin by selling out.
without raising the offer or buying debentures they have zero chance,
why would they be wasting their time?
A $0.30 offer would cost them no more than $13 million extra.
If they purchase one third of the debentures at an average $.20,
it would cost them only $9 mil extra for a $.30 offer (including interest savings).
Would they walk away for $9-13 million extra?