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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by teeveeon Aug 31, 2014 3:27pm
272 Views
Post# 22894051

RE:Toast!

RE:Toast!The series A debs are holding up well. Could it be that buyers expect to be paid with stock, giving them 80% control of the company? If so, then theymust be prepared to recapitalize the company after gaining control, and are gambling the banks won't call or significantly reduce the line of credit before the fist debenture comes due.......
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