Pauljbo470,
you said
"in regards to the convertible notes vote, FML cannot vote its CRE holdings on this. Stone has nearly 30% of votes eligible for this based on their 10% holding. So the convertible notes being awarded to FML is no guarantee."
Paul the CRE holders who have accepted the offer are still entitled to vote for the Convertible Note and therefore Stone Mining will only have their 10.85% voting power. Happy to stand corrected.
By the way I want this deal to be done. I am trying to understand all Stone Mining's options. The obvious now being what you eluded to in your post
"Stone Mining's 10% does prevent the compulsory aquisition of remaining shares. CRE would then continue to exist as a company, just run by FML as a majority holder."
Add to My Watchlist
What is My Watchlist?