GREY:RVVQF - Post by User
Comment by
HowdyBobon Jan 23, 2020 6:59pm
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Post# 30591474
RE:RE:RE:RE:Debentures
RE:RE:RE:RE:DebenturesIf they don't have the money to pay back from revenue or a new loan to cover then then the main Debenture owners, MCAP, get to either extend the loan with a new conversion price or sue and sink the compay.
If they agree to extend then the new conversion price will be like 8 cents based on current price and not the $1.45 .....and 14 million at 8 cents is 175 million more shares.
So we are down to the wire - either 175 million more shares because George did the Digigro deal with no lock up and sunk the stock price and he signs with MCAP and extends, or he has a new loan supplier and we hope it is not a new convertible deal at all and just a loan and pays out the debenture holders.
He has been working on this for months and so hopefully a new loan is coming together and it is not a convertible debenture deal. If it is and he sunk the price with a no lock up deal right before weakening his bargaining power and so setting a lower new conversion price then he will look very very bad and really will have no credibility.
We can only hope all his silence is leading up to a big positive finish with a new loan deal that is not a covertible debenture and the market will react very positively and give Enpercept a geat base to really talk up the stock