GREY:ZARFF - Post by User
Comment by
Philbert77on Nov 03, 2018 11:32pm
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Post# 28920416
RE:RE:RE:RE:ZAR's US financing
RE:RE:RE:RE:ZAR's US financingSo the financing allows them to pay the distributions on the debentures until they can convert them in Dec 2019? Then all the debenture holders get stuck with stock and hope that the company can be liquidated and they actually get some money back?
Ugh... sure wish we could get some oil out of this country... Its ridiculous that with the price of oil globally oil producers in Canada are suffering so badly.