GREY:CLRYF - Post by User
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Veteran1on Apr 28, 2016 12:35pm
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Post# 24820885
RE:Convertible Debenture - My perspective...
RE:Convertible Debenture - My perspective...Very Well Said. This DB will vote yes and others I know . Would suggest others that don't plan to convert with the deal , convert beforehand and sell your shares on the open marketplace at .11 - .12 and keep all your warrants - if you take a loss of a few $ on your shares , the warrants would be worth more than.15 in 2 years time with a cleaner balance sheet. Those are my thoughts but I would be cautious going into a vote thinking the no is the majority vote as some may be very disappointed. Getting paid out at shares below .10 is a lot less risky deal than the above and is a no brainer in all areas.
Thanks Colin for the brilliant work to date.