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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by Baxter4on Oct 01, 2012 1:08pm
198 Views
Post# 20433955

RE: RE: New National Ad Campaign

RE: RE: New National Ad Campaign

They must be quite confident the recap will go through
 

The YLO management probably have no more idea if it will go through than the rest of us, there are just too many things which could derail the plan.

 

If the judge does reject the plan, what will happen to the interest payment on the convertible debentures? It seems to me they would have to make the payment or risk default and having to issue 3 billion additional shares the the holders. If they do make the payment, would it be the owner of record for September 30th or the date of the court decision?

Bullboard Posts