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Bullboard - Stock Discussion Forum Lakeview Hotel Investment Corp. V.LHR

Lakeview Hotel Investment Corp operates in the hospitality industry. The company carries out hotel operations, which includes room rental, food, and beverage as well as other incidental services. It owns and manages more than twenty properties as well as several in-hotel and independent restaurants across Canada.

TSXV:LHR - Post Discussion

Lakeview Hotel Investment Corp. > Lakeview extending Debentures again-
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Post by argon12 on Jul 01, 2019 2:15pm

Lakeview extending Debentures again-

I’ll hit that $3 bid and never forget this lesson.
Comment by alkhor on Jul 13, 2019 1:06pm
They don't specifically mention what is happening to the interest payment on the debs due at the end of the month. I'm guessing this payment is also getting postponed for three years as well. I'm surprised they didn't just pay the debentures and interest in common shares. This would totally wipe out the current shareholders, but they pretty much have already been wiped out.
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