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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Post by jacek99on Jun 29, 2014 11:28pm
384 Views
Post# 22704491

What about this?

What about this?The deal does not go through and ARN continues.
It managed to pay down some of its bank down in the last quarter, so why would it not be able to continue to do so? Production grows, so I don't understand why payments can't continue to be made. As a bank, if I'm getting paid and making interest, why call the loan?
The time comes, we don't have $ so the debs covert to stock. Sure we get diluted but the o/s loan is $150 million and we continue.
I just don't understand why it is this deal or bankruptcy?
Please explain.
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