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Mood Media Corporation T.MM

"Mood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants."


TSX:MM - Post by User

Comment by poneon Apr 17, 2015 9:07pm
84 Views
Post# 23642643

RE:Great progress to date!

RE:Great progress to date!
Infirstmoney wrote: Once the company gets the Debs re-done their interest payments will come way down. This will make the company cash flow positive and profitable by the 4th Qtr. Great turnaround story going on here. New management has really executed well, and most of the heavy lifting will be done by the end of June, after that....the company should start a steady upward climb. Company has stated that the re-finance is almost done and will be announced in very short order.


Have they made a formal offer for the outstanding debentures?   Is that an offer at par, or are they required to pay a premium to retire them early?
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