RE: RE: RE: RE: RE: RE: New management My feeling is, is that it's the shareholders AND debenture holders best interest to extend the maturity date. Yes the debenture holders end up owning more shares but the question is do they want to go that route?
I'm not at all sure where you can get 7.0 or even 4.5 % interest on an investment.
I would seriously think of just keeping the debentures where they are. Now let's say maturity does occur, would it be a stetch for,.... as you suggested earlier,.... for AGA to lend the bucks to FIU? Or even enter into a joint venture.... We can throw out all kinds of scenarios but bottom line is FIU needs to address teh debenture situation well before July 2012, then they will have to address the situation again in 2013 for the SECURED group.
I'm just tired of this whole thing.... FIU has truly F%^ked It Up