Post by
tbrown35 on Sep 16, 2009 10:33am
this latest news
is actually really good
wow
i am amazed
convertible at a dollar, and debt shares issued at just about where we sit right now for 50 cents a share....
pretty impressive actually
my o my
Comment by
cerebus on Sep 16, 2009 11:20am
Obviously the debt holders are believers in the new technology.
Comment by
tbrown35 on Sep 16, 2009 11:28am
that is what I am thinking...and the amounts they are talking about is no small change......I hate being wrong except when it is about a stock I hold that I thought was going to be worthless....this really is a good deal
Comment by
elor2443 on Sep 16, 2009 1:57pm
Cerebus & tbrown, those were my thoughts exactly. If Doug is putting his bacon on the line to the tune of $1M plus then he must be plenty certain of the eventual outcome. It would have been even more encouraging if the PR mentioned Weatherford.