GREY:IPRSF - Post by User
Comment by
lscfaon Nov 29, 2016 9:03pm
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Post# 25531332
RE:RE:RE:cfps by qtr
RE:RE:RE:cfps by qtrthe lender could accept shares in lieu of cash for the $14 million loan due knowing once financial pressures are reduced the stock will trade closer to fair value...this would give them say a quick 50% upside which is better than extending the loan and earning a crummy 12% int rate. The lender also holds 35 million warrants with exercise price of $0.09 which coould get them a quick double as well.