GREY:DPGYF - Post by User
Post by
pennydredfulon Aug 30, 2019 7:45pm
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Post# 30085145
Prediction
Prediction
Dilution Pending; The listed notes maturing July 2021 will be exchanged for some shares and a lesser # of new notes than currently outstanding with the maturity of the new notes to be in about 5 years . The majority U.S. based note holder and significant shareholder will heavily influence the terms of this reorganization This is how the company will reduce some debt at the cost of considerable dilution and kick some debt down the road.