re: Ann: Convertible Note Redemption Date Ext...
The SP has been depresssed all this time to ensure the convertible note are converted at substantial discount. Sage & the Chinese counterpart know that CXU has no money to repay the loan. So shareholders has no choice but to approve the revised Convetible note amount from 50cts? to 20 cts. Sage is not going to get control of a company at 20cts.share & do nothing. Better for him & the Chinese to take control & add value to the company even though our holdings will be grossly diluted. They definitely have better business acumen & contacts then the previous managment IMHO
CXU Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)