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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 Dec 27, 2017 12:22am
129 Views
Post# 27228440

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joe wants more than 120 million! For what?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joe wants more than 120 million! For what?Randy has more to say on CC about working with P

Randy Smallwood

We have in the past we’ve got a very strong security position on San Dimas. So this is a little bit different every, every partnership is different. You know, our hopes are that, we do see there is a solution here and we’re just waiting for Primero to act on that solution that would have avoid any of this kind of process, but that is up to Primero. But our security being, second rank behind the debt and the fact that we’ve guaranteed that top level debt puts us in a very, very good position with respect to this asset, hope we never have to use though.

Anita Soni

And so at this stage - I mean would we expect another extension or is that’s the 23rd is the deadline?

Randy Smallwood

Well the 23rd is the deadline, we’ve always been very clear that – in fact that's why we provided the guarantee in the first place. We’ve been very clear about being supportive to Primero as they worked their way through this process. What I can tell you is that the asset does have healthy interest, and so there is lots of – there is opportunities here and now it is up to Primero to choose their own path. We’re willing to work with them and we have been working with them and we’ll continue to work with them to hopefully get them, to take one of these paths, but they have one their choices so.

 




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