GREY:WFEMF - Post by User
Post by
RTOon Nov 06, 2013 8:06am
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Post# 21880116
Convertible "SECURED' Debenture
Convertible "SECURED' DebentureIMO this will be the most likely. This has been a prefered vehicule that provides maximum exposure to upside while eliminating any downside risk. As well, they get paid a 12% interest rate while they sit and watch the company spend the funds from the debenture.