RE:JV ConditionsIf you are referring to the financial issues related to the CD, and the possibility of having to repay\refinance in October...perhaps...but otherwise IMO as long as SPR can deliver what the JV requires of them, MH should be unconcerned about who holds the CDs. It's simply not their business or concern unless it is part of some illegal operation...
ChuckFoo wrote: From the original release:
The formation of the Joint Venture is subject to the satisfaction of certain conditions, including the execution and delivery of various transaction related agreements, including a supply agreement and unanimous shareholders agreement.
I wonder if Moosehead wasn't too thrilled with MMCAP's involvement and the lowering of the conversion price was a way to shake them out?