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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Comment by Czicfwillgetermiton Nov 12, 2017 12:44pm
756 Views
Post# 26947565

RE:RE:RE:RE:RE:RE:Canadian style bk maybe off table for the moment

RE:RE:RE:RE:RE:RE:Canadian style bk maybe off table for the momentCCAA is a very real possibility at some point, not sure it will be this year.  According to Randy it appears the revolver and converts  are actually priority debt in front of stream so Im not sure how that debt goes away without hurting W.  As ar as a labor union beatdown so soon after a new CBA i think mexico would frown on it and how it treats the tax issue may be at risk.  But nothing surprises.  

I think shareholders are at extreme risk but I also see an avenue that may turn into multibagger.   If W is really on board to extend backing of debt,  P could do some exploring to find the elusive gold that was supposedly so hard to find this last year with mad workers and broken pans.    I still think the solution that W really wants may be more of the same and maybe 25% or some amount  of Ps shares to modify stream will be the price it takes to keep the gravey train rolling.  They have to modify for someone and who really wants to take on this apparent dead stick?  Hard to say as this is one shady situation.  Imo if W takes the rev stream cut for some shares its very possible to make it up with higher valued P shares on other end.  No need for drastic action here.  

But as I have said before this situation has already been solved long ago,   We will find out soon.  
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