RE:RE:BlackBerry could wind up with over $4 billion in cashmoneymaker75 wrote: And if you count the $1 billion in debentures and $3 billion in payables, that cash is already accounted for against debt and obligations owed by the company. On top of their operating loss, they now have a 6% coupon payment to deal with. 6% of $1 billion is a $60 million annual interest payment that the company can't really afford.
Excellent point.
So it is up to JC to get the share price well over 10.oo and stable so that the debenture holders will want to convert to equity.