RE:RE:RE:RE:RE:RE:RE:RE:RE:NEUTRISCI CLOSES DEBT SETTLEMENTInAMeeting wrote: VeritasVern wrote: Edcando wrote: Sorry one last thing to say on this. If you notice the legalese in todays NR , it has "shares" for the settlemt. Glen made and " units" for the smaller arms length settlement. This isn't earth shattering but it means Glen got the shares in lieu of cash but not the warrants at .05 (ie he settled his owed monies above market no warrants). Hope everyone has a great weekend. GLTUA
I think the wording of the two settlements are one and the same, meaning Glen settled the debt with shares at 2 cents plus he also received a full warrant at 5 cents. Why wouldn't he as that was identical to the terms of the last offering.
So I lend my company ten bucks, and I get 5 bucks back in new shares. Am I down 5 bucks? Not really, because the company stll has my ten bucks, and guess what? i own the company.
Yahoo!!
So if u and I agree for you to lend me $20 but I only need ten now, so I owe you $10 and you owe me $10, is that a wash?