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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > I Don't Believe It - So Sad
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Post by ANONYM0US on Nov 01, 2016 8:56pm

I Don't Believe It - So Sad

The share price has been diluted again to pay off debt. The "Company" has decided that the shares are only worth $1.41. If I can get out with a 50% loss I'll consider myself lucky..........https://www.stockwatch.com/News/Item.aspx?bid=Z-C:NYX-2417330&symbol=NYX®ion=C
Comment by QUANTUMJUMP on Nov 01, 2016 9:37pm
You suck at math (or bashing)? And it is old news  The TSX Venture Exchange has accepted for filing the company's proposal to issue 1,223,370 shares to settle outstanding debt for 1,729,323 euros ($2,520,142.20) So if they are paying off $2,520, 142.20 in debt with 1,223,370 shares which is $2.06 cents a share  HOW THE F'CK DID YOU COME UP WITH $1.41 A SHARE?
Comment by ANONYM0US on Nov 01, 2016 11:15pm
OOPS....I told you I wasn't thinking clearly.....I didn't notice it was euros vs Cdn. Thanks Quantum for clarifying.
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