Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.DB

Slate Office and GA Options

[toddkaz]

Slate Office and specifically George Armoyan have a few options if people are willing to discuss

1. Bankruptcy - I don't see this as an option for GA but it is for Slate Office.  George Armoyan would lose millions

2.  Dilution - I also don't see this as an option as GA would lose millions

3. Taking Private - I see this as a viable option as its one of the only ways GA can save his investment

4. Profitability - This one completely depends on getting tenants into empty buildings or selling empty buildings which isn't easy.

For me I think 1 and 2 are off the table for GA but is always a possibility if it means keeping Slate Office from bankruptcy.

I can't see GA wanting to lose his investment so his options are very limited.  What are people's thoughts?