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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Are any debenture holders actually voting for this?
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Comment by jd43xlon Aug 04, 2014 8:44am
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Post# 22806871

RE:RE:RE:RE:RE:RE:Are any debenture holders actually voting for this?

RE:RE:RE:RE:RE:RE:Are any debenture holders actually voting for this?
teevee wrote: I believe ARN will continue to deteriorate. ;


But they are not continuing to deteriorate. They have stabilized production, while still paying the debenture interest. Remove those interest payments by converting the debentures to shares, and the company's balance sheet would improve greatly. So teevee, your whole argument is based on misinformation.
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