GREY:NEVDQ - Post by User
Comment by
bogfiton Oct 02, 2023 4:29pm
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Post# 35665726
RE:RE:RE:Purpose
RE:RE:RE:Purpose"The Exercise Price will be satisfied by the retirement of approximately US$67.4 million (using an exchange rate of C$1.3571 = US$1.00) of indebtedness owing by the Issuer to Pala ..."
What does " Exercise Price will be satisfied" mean? Forgiven? You're good at numbers, what was the cost per share for the loss of US$67.4 million in receivables? If that's how it works. I always relied upon Rocky, an accountant, to cut through the numbers, which I find less useful.
I’m reminded of a story of a man lost in the desert and just as he was taking the last drop of water from his canteen, he spied a small shadow at the very top of the next dune. He scrambled up the sand and uncovered a strange enclosed wicker basket, the like he never had seen before, and after removing the cover what do you suppose flew from the basket?
If you said a Genie, you are being ethnocentric, for it was no other than Coyote the Trickster, who was so grateful to be released from the witch’s spell he promised to answer one question truthfully. Upon hearing this the man cheered believing deliverance was at hand and he had been saved, and excitedly asked Coyote, “How far to the nearest water”? Coyote replied, “Only 8.3 miles", and was gone.
Now you may find this hard to believe but almost the exact same thing happened many years before, except in that case the man asked. “Which direction to the nearest water?”
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