RE: RE: RE: RE: more dilution!!!!! These debentures where issued in December 2010 and the first quarter of 2011. Thats a long long time ago. Mint was exiting Canada and just moving into MENA at the time. They only owned a fraction of Mint Middle East and Wassela and Baber weren't even in the picture. Infact this was the first financing with Boss Hogg at the helm/
My read on the NR is this: We can pay you off now, but would rather use the money to further expand the business. And we would like to reward those how seeded us.
And 3/4s of the debenture holders agree NOW. Look at when the 7 figure debentures come due? Isn't it AFTER when Egypt is rumored to start. I wonder what the remaining 1/4 will say then.
Look at the raping that Vendtek just took for their financing, or what Selectcore had to go through . In comparison this is awesome. I don't see this as a liquidity concern, rather good financing. The fact that they are addressing this 3 months before the first debentures come due shows you exactly what kind of company Mint is.