anonymous
Guest
anonymous
Guest
What is this non sense that debt has to be rest before buyout. The acquiring co will juSt pay less for the equity. Simple
No company will pay less and asssume a debt note that has a 12 percent interest rate like Pernix is paying. Not saying the entire note has to be paid inn full before buyout as you are correct. But the debt issue must be addressed with better terms. And this is where debt for equity swap after a reverse split will be the most logical next step from a financial standpoint. It sucks for investors short term. Long term could be the only saving grace.