GREY:AIIFF - Post by User
Post by
alkhoron Dec 31, 2014 10:21am
325 Views
Post# 23275279
Debentures
DebenturesAccording to my online broker, interest on the debentures will be paid to my account on January 2nd. This interest represents 3% of the par value of the debentures. Aweek ago you could have bought the debentures fro $13.50 for $100 worth, although you would have been stuck paying the seller the interest in advance.
Bottom line, company is still an ongoing concern meeting its' debt obligations.