GREY:SGLRF - Post by User
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poneon Sep 03, 2013 5:56pm
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RE:Clarke Inc. - Our Strategy
RE:Clarke Inc. - Our StrategyKherson, is there any evidence that Clarke Inc has in past behaved in a way friendly to common shareholders? If Clarke is on board and has the ability to provide financing, why wouldn't they do things like try to convert debt into dilutive preferred shares with warrants? In other words, they might try to use a company's distress to take advantage with financing arrangements that benefit Clarke at a cost to ordinary shareholders.
What do you think of Clarke as an investment? Seems like this is a fantastic time in history to be doing distressed deals with junior resource plays.