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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by AVandelayon Nov 08, 2017 2:06pm
191 Views
Post# 26927194

RE:RE:RE:Re:this is not bullshit

RE:RE:RE:Re:this is not bullshitThe preference shares WH would be converting are not debt and do not appear to have any dividend. The conversion of these share would not result in any new money to NYX and would not result in any reduction in NYX debt, on increase in cash flow. This would simply be a paper loss for WH, and one they appear willing to accept to protect their exclusivity rights.
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