OTCPK:ARNBF - Post by User
Comment by
skeksison Jun 30, 2014 10:27pm
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Post# 22707257
RE:RE:RE:misinformation
RE:RE:RE:misinformationOK, thanks for clarifying that you mean the debs can't be force converted prior to maturuty. I take it you agree with my reading of the prospectus that they _can_ be force converted at maturity?
So I agree with you that whoever said that the debs could be force converted prior to maturity was incorrect. If you are talking about the IV forums, I haven't really seen anyone making this claim, although I guess a few posts have failed to specify the timing of the conversion, mostly because this was mentioned in earlier messages by the same authors. I can see how it would be possible to get the wrong impression from these posts, particularly if one started reading in the middle of the message thread.
By the way, are there any active message boards for Arcan besides this one and the one on investor village and maybe the Peak and OIljack boards on IV?