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Orbite Technologies Inc EORBF

Metals & Mining Aluminum Industrial Metals & Minerals
Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Orbite Technologies Inc
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Post by princeofcuton Jun 15, 2015 11:45am
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Post# 23831262

any 2012 debenture holders out there to comment on this...

any 2012 debenture holders out there to comment on this.....as i understand from the Friday NR, ORT intends to redeem the Convert Debt from 2012 as they will soon be getting the $25M in ITC's...as i understand there are two parts in the redemption as follows: a) Cash payment for prinicple and accrued but unpaid interest  b) share purchase warrants... it is the share purchase warrants making me believe further dilution is coming and what is your perspective on this...i wonder if this means there will be trading in the converts to get these warrants or have i missed something....regards
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Dealroom for high-potential pre-IPO opportunities