TSXV:ELXR.H - Post by User
Comment by
Stockparty1on Mar 10, 2021 10:10pm
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Post# 32769604
RE:ELXR ANNOUNCES AMENDMENT TO PROPOSED DEBT SETTLEMENT
RE:ELXR ANNOUNCES AMENDMENT TO PROPOSED DEBT SETTLEMENT With almost 28% of the shares in the company, a senior secured loan of over $4m, 2 board seats and control over the purse strings, AIP now run the company. Given they forced the Board to reduce the conversion price and further dilute existing shareholders, they are looking after their own financial interests entirely.