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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by JustforFun7on Jan 27, 2014 10:22am
178 Views
Post# 22137420

RE:RE:Q3 CC: $5.5 million are coming by the end of JAN

RE:RE:Q3 CC: $5.5 million are coming by the end of JANyes there is not a lot we can do at this point. I am glad the stock resumed trading. People can get out at reduced prices or add at reduced prices  based on what they believe. That's what makes a market.

Chapter 11 is a given by next week if terms can be worked out that are acceptable to the debt holders. I would love to see that include some warrants or equity holding as long as it is not massive hit to the current equity interests. It's nice having the debt guys having  an interest in the equity holdings . 

All we can really do is sit and wait to see how good / bad the terms are. 

JFF7
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