GREY:LGLTF - Post by User
Post by
sirbarfaloton Sep 16, 2015 7:14am
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Post# 24107652
What assets do they have to sell?
What assets do they have to sell?Better question is why insiders and Montrusco gave this dog 8 million bucks for the 'opportunity' to buy shares at 12 cents. The Q2 EBITA iceberg and plunging revenue line means there isn't enough cash coming through the door to even pay the 9% coupon. 25 million shares placed @ 40 cents March 17th isn't a distant memory but a fresh wound carved out of Ryu's promise he wouldn't 'dilute'. What was Montrusco shown? Why were they the 'lucky' ones? The TSX should halt LOY shares until there is an answer.