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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > Conference Call
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Post by Kherson on Aug 13, 2016 7:39am

Conference Call

The key word from yesterday's C.C. was re-capitalizating! Looks like a big dilution for present shareholders coming down the tubes before next April. I am guessing about another 50 to 75 million shares will need to be issued to cover the monies outstanding on that upcoming Bridge Loan!
The good thing will be that by issuing enough new shares, the outstanding balance on the Bridge Loan can be eliminated and the overall BV increased to ZERO.
What an excellent time to short!
Kherson

Comment by Kherson on Aug 29, 2016 3:59pm
Getting close to the end of the month and still no word on that new Bridge Loan? Kherson
CANEXUS CORP 6.5 PCT DEBS
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