GREY:ALEAF - Post by User
Comment by
Toweringmarson Jan 05, 2021 12:15pm
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Post# 32224145
RE:RE:RE:RE:RE:RE:Convertible Debentures
RE:RE:RE:RE:RE:RE:Convertible Debentures Wasnt hogman saying the other day that people would be better served to colled 2% annual gains in a savings account?
I bet he's eating his shirt on this one.
Retail Rad wont reply anymore. And if he does he's going to completely ignore everything but his own interests and posts.
Well put Observer.
Tick tock.
Obserrverr wrote: *REPOST*
Agreed. Hog Man Myfist and that retail rad rat fill this site with bluster bravado bullsshit. All of which can not and will not hide the fact their IQ's fail to exceed their resting pulse rates.
They strive to look at the calculated erosion of confidence in a given stock. Erosion by means that are, in every sense, void of truth, hinged on deception and innuendo, and motivated by greed at the expense of others. The retail rad10 kinds are strange breeds. They will seek out the tinest smidgen of goodness to hate on even in the most deprived situations. Filling an aromatherapy fountain with mustard gas and slitting your wrists before soaking in a bathtub full of battery acid makes more sense than him.
Play it smart people. Every post retail rad makes is treacherously premeditated and approached through the lense of his personal self interest and his ego.
Toweringmars wrote: Yeah... Hence why I called you out for speaking out of both sides of your gobbler.
Like going all in on black and red at the same time, or betting on both teams in proline.
You're bound to win.
You also said several times how you dont think they can pay them off...
And really? I know you're one to avoid confrontation and looking people in the eyes. But to just overlook my posts like that? For shame little buddy.
First the outdoor allegations with the 'proof' pictures that they didnt plant. Then the medschool baby. Then the mansion overlooking the waters with the pretty geese. Then the privateschool kids. Then the long term care grandmother play the victim card post, then the debs... How little pride you must have to be mushroom slapped on the regular and keep showing up for more.
Oh Tiny Dancer.
Youre not even fun anymore.
What happened to you?
rad10 wrote: You are welcome
rad10 wrote: Sincity
It's the spirit of Christmas so I'll play nice (and act as though I derive no schadenfreude from the mean girls clique ;-).
https://leedejonesgable.com/wp-content/uploads/emblem-180129.pdf
70% of the outstanding Emblem liability is held by a single entity. A holder who generously waived the change of control provision at the bottom of page 20 for the Aleafia takeover.
A typical dilution liability would be as follows:
(outstanding balance / 90% of (7 day VWAP) share price). Please note the prospectus does NOT contain this option. This would be subject to negotiation with the biggest holder if they can't or are unwilling to make the full redemption payment in cash 6 weeks from now. Method can confirm this.
If they take this nuclear option - the BEST case scenario is 56 million new shares, assuming no further cratering of the share price. That's a massive assumption. They may choose to do another unexpected independent capital raise to pay it off - similar to what we all saw in May.
Another option is to renegotiate the term with the debenture holder. Kick the maturity date down the road. These deals typically increase the coupon, include warrants and / or lower the equity conversion price.
I think they will pay it off - and thats why I rebought some of the listed debentures at 60 and change.
Debentures are fun. The devil is in the details.
Grab your popcorn & Happy investing!
N.B. insiders own less than 3.5% of the shares in this company.