RE:RE:RE:RE:Next PPWay to not answer my question Iluv. So again I ask if they do an equity financing what is the company going to use as equity? As I see it, it's either gold or shares. As for the convertable debt, have you told your fellow team E members about the convertible debt Metanor embarked on years ago and how it turned out? I'll bet you didn't. It was issued for a period of a couple years and when it came due the company ended up extending it for another couple years because the convertible price was much higher then the share price at the time. Then as the time elapsed on the extension the same thing happened again and the company had to pay almost double what the share price was worth at the time to the investors who provided the convertable debt. I could be mistaken but they may have done a financing (equity) to pay off the convertible debt. So the debt financiers made money and the retail shareholder got left holding the bag.....again. It was just another reason I got out.
As I previously stated, this is Metanor all over again. You just hope it works out better this time.