GREY:TBTEF - Post by User
Comment by
PetroExploreron Jul 05, 2018 9:09am
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Post# 28271348
RE:RE:RE:Interest Payment
RE:RE:RE:Interest PaymentHilarious: TD Waterhouse actually made an interest payment on a debenture, that wasn't paying interest. It just shows the imaginary state of money, in a bank. A quick flick of the computer, and money magically appears and disappears.
Still no final distribution, while they sort this out. In the meantime, I received my proper interest payment for Surge Energy Debentures, and in TD's haste, they clawed it back too. So I am out more money, thanks to their mistake, while still waiting for the final distribution.
But in some Bizarro universe, thie interest payment that they made on the Twin Butte Debentures, would have been the normal payment for this time, had the company kept operating, in a higher oil price environment.