Fortress Global Enterprises Inc - Class A FTPLF

RE:RE:They will pay the debs/interest in shares, causing a death

[Contrarian333]

That is what the market is expecting, and in many situations that could be the outcome if commodity prices remained stagnant for a commodity producer - but this situation is different. There is a large capacity to be used to borrow funds on a secured term basis once IQ agrees to the restructuring of their debt. Those borrowed funds can be used to fund the business and tender for converts. In that scenario the converts are a good buy but the optionality on the equity is extremely positive.