GREY:TBTEF - Post by User
Post by
HVBakshion May 20, 2016 7:59am
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Post# 24891496
TBE most likely scenario is positive
TBE most likely scenario is positiveLenders would have already pulled the plug IF that was their intent....therefore it is most likely that the deal the bankers want requires the debt holders to convert to common..(major dilution but better upside than debt and equity at zero) in exchange for a renewed bank line at current levels for one year. The stock will reverse split and recover with oil prices or get taken out.