RE: Series I, II and VI Debentures I wonder who was the seller of these debentures and why they would sell them at such a deep discount to face value. Someone was willing to take a deep hit on the principle just to be sure to get some money back. And although the DBs were backed by assets, Mint has no tangible assets to speak of.
I wonder if someone is forcing them into a hostile take over by driving them into bankruptcy. If they hold the lions share of the debt they could pay off any other creditors and continue running the business. Furthermore if they cease trade/delist then they won't have to put up with us pesky retail holders. Just spit balling