RE:RE:RE:RE:RE:RE:Preliminary Short Form Prospectus Something BIG in the works.
You need a shelf prospectus to sell debt. QTRH looking to secure debt at low interest rates before rates rise.
This would allow them to achieve the $400M goal without any other capital.
I didn't like their term loan structure with HSBC as it was a floating rate loan.
Imagine this, they settle Motorola and Apple, have $200M+ of cash and then they secure $200M in debt at sub 3% rates.