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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > $75 million non-revolving credit facility...
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Comment by Khersonon Sep 08, 2016 10:15am
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Post# 25217399

RE:RE:$75 million non-revolving credit facility...

RE:RE:$75 million non-revolving credit facility...
mo1975 wrote: Kherson, I think Matt thinks that they will be able to apply the 25 million from spb to that 75 million
but I cannot be sure if Matt knows how the lawsuit are normally settled....takes time and by the time you pay your legal fees there is normally not much left..... and then if they lose the lawsuit they have to add to the 75  which would make it 100 quite a nice round number...


Canexus won't get 25 cents from SPB, let alone $25 million. Canexus will have to dilute the present shareholders by issuing another 70 million shares!
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