GREY:CLRYF - Post by User
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Veteran1on Apr 28, 2016 7:04pm
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Post# 24822961
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News out
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News outI think speculation on the company being in demise if the deal is not done does very little into debentures taking the offer. Possibly the opposite. Negativity and fear will drive share prices down like today to below the exercise price of the debenture and the bonus shares giving more reason not to vote yes. If we focus on the upside opportunity the shares are back in the .12-.15 mode and early exercise of warrants and conversion of debentures is an easy decision to make...below .10 it becomes a different story...... lets get some guidance in revenue growth so we have real facts to work with.....companies can continue to issue equity on the TSX at .05. Other big players could buy up ZAIO as well if the product is good ..maybe not at the high prices desired but above .01 so I believe bankruptcy is not the only option or the 1st option if debentures say no or some say no. I and others would convert early on that stated offer....