Twin Butte Energy Ltd TBTEF

RE:RE:TBE Insiders own equity not debs

[HVBakshi]

Maybe you should look in the mirror rookie? Until liquidation...equity holders call the shots...incl negotiating a sale structure that may involve an agreed haircut form bondholders who will get fooked by a lender foreclosure.

Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in the company (i.e., they are owners), whereas, bondholders have a creditor stake in the company (i.e., they are lenders). Another difference is that bonds usually have a defined term, or maturity, after which the bond is redeemed, whereas stocks may be outstanding indefinitely.

Source: Boundless. “Comparing Common Stock, Preferred Stock, and Debt.” Boundless Finance. Boundless, 21 Jul. 2015. Retrieved 18 May. 2016 from https://www.boundless.com/finance/textbooks/boundless-finance-textbook/stock-valuation-7/rules-and-rights-of-common-and-preferred-stock-72/comparing-common-stock-preferred-stock-and-debt-328-3880/