GREY:WFEMF - Post by User
Post by
chizzleson Jan 27, 2014 9:22pm
226 Views
Post# 22140354
Debentures
DebenturesWhen the NR states:
The debentures will mature and be repayable on Dec. 31, 2016.
Does that mean that the buyer of the debentures have to wait until that date before they get their shares, warrants or interest?
If so, doesn't that mean the buyer has to be extremely confident in our project if they are willing to wait two years before they get anything?
I would take that as very good news if 4 million dollars is spent with that knowledge. I would think that somebody would only spend that kind of money if the knew what was coming next or......am I understanding this wrong...I'm sure you'll let me know!!
Chizzles