living on borrowed time, page-8

jazzapat

I do not need to mention its non-current debt...i think HC posters are smart enough to know that if the debt i was talking about was current, then CBH would have already been wiped off the face of the earth a long time ago.

And I am well AWARE that it is convertible notes (or as i like to refer to them, CON notes since existing shareholders are done a dirty when a company issues them)...that just makes it worse...not only do they have a significant interest problem...they also have a significant dilution problem since those convertible will of course actually convert to shares - unless the holders ask for their FACE VALUE (in cash of course) back - in which case sayonara CBH.

I do of course hope that I am VERY wrong for the sake of CBH shareholders.

cdchi1