Post by
lscfa on Nov 29, 2016 3:59pm
The arrangement
Is no different than Anzu injecting a large amount of cash into the co. for 82.5% of ownership and the co. carrying on with the business plan to be cash flow positive by end of 2017.....existing shareholders still participate in co. success to the tune of 7.5%...... I prefer this way because Anzu can manage the operations and keep Cam Chell the hell out of it...
Comment by
lscfa on Nov 29, 2016 4:03pm
Correction: 82.5% should be 92.5%.....
Comment by
MuadDib on Nov 29, 2016 4:07pm
Isn't it 7.5% ownership of Anzu Partners? Am I reading it wrong?
Comment by
MuadDib on Nov 29, 2016 10:09pm
Unless I have it wrong, this is a new start for shareholders. With most liabilities paid. Tell me if I'm missing something. Funds to pay down debt and continuation of shareholder stock. Isn't it? IMHO
Comment by
lamothze on Nov 29, 2016 10:11pm
I gave up a while ago on my shares. I thought it would go bankrupt or at best private. So anything like today is way better than I thought.
Comment by
NotFreddie on Nov 30, 2016 10:09am
Besides, from your post above, I'm under the understanding that Anzu would pay $2,835,000 cash plus 7.5% of Anzu's outstanding company shares. Obviously the events of the of past few days have you all confused, and mudding the waters for those reading your posts.
Comment by
lscfa on Nov 30, 2016 3:42pm
I am voting for this proposal.....