GREY:TBTEF - Post by User
Comment by
coletrickleon Jul 18, 2017 2:49pm
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Post# 26482434
RE:Legal reprecussions
RE:Legal reprecussionsburge100 wrote: I am going to the lawyers office today. This Adhoc committee was basically lawyers in favour of debenture holders and shareholders had no representation. I am accusing FTI of being paid by debenture holders to work a suitable deal to favour debentures. The silence and hush of FTI I would argue was illegal. I should no what deals were offered. Thirdly about 385 million belongs to shareholders and they need to be paid out. To those on record March 31. Those are the true shareholders including the deal reported where we were getting 65 to 75 cents a share.
you know what really baffles me is this, you owned this apparent cash flow machine but didn't buy the debentures when they were trading at basically nothing. Why you wouldn't buy the debenutres at basically pennies on the dollar for greater safety and possible coupon payments proves that you have no idea what you are doing.