Arcan Resources Ltd ARNBF

RE:new plan of arrangement

[teevee]

zenda wrote:
"We believe that once you have had the opportunity to compare this Arrangement with Aspenleaf against the uncertainty of Arcan continuing on its own, with an increasingly challenged financial position, voting in favour of the Arrangement with Aspenleaf is the highly preferred choice that makes clear sense," 

There you have it-vote in favor or be prepared to accept less.......THE big questions are:
1. Will LTS and CPG vote against and kill deal, willing to accept the dilution that will follow when debenture holders are paid with stock?
2. Will debenture holders vote against $.825/$1.00, willing to accept the market for debentures goes back to $.50 and then drift lower in a worsening financial condition of the company?