Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

RE:RE:January 28th, 2020 Business Update

[Kherson]

GregC24 wrote:

Kherson wrote: For those of you who still believe that the present distribution will be maintained, allow me to let you in on a little secret. Chemtrade has already announced that they will no longer be supporting the present distribution!
If you look at previous Business Updates, they all state the following under the 4 Pronged Strategy section;
Financial Prudence: Maintains distributions and balance sheet strength
But in the most recent Business Update, the 4 Pronged Strategy section now states the following;
Financial Prudence: Maintain financial flexibility and balance sheet strength with sound capital management
Kherson

Thanks for that tidbit.  Definitely a change in the message.

The above posts where made on February 18th and less than a month later, the distribution was cut in half. 
Now, yet again, the message has changed!
Kherson

[sclarda]

Kherson wrote The above posts where made on February 18th and less than a month later, the distribution was cut in half.  Now, yet again, the message has changed! Kherson -------------------------------------------------- Hey Kherplunk shouldnt you be busy on the SGY board waiting for that big "Buyout" that you have been saying forever will happen anyday.  I guess