QIN 0.00% 29.5¢ quintis ltd

So what happened to the Aug 4th put deadline?, page-9

  1. 1,460 Posts.
    Fact : QIN owes USD 250 million to bond holders - due and payable in 2023?

    Fact : QIN failed to make biannual coupon recently - with acceptance by bondholders

    Fact : QIN failed to lodge quarterly reports to Bond holders - with acceptance by bondholders

    Fact : QIN has until 31 August 2017 to remedy - unless bondholders waive or reset or some other agreement

    Fact : The growers understand that their plantation investments are in peril - have formed a group to defend their position

    Fact : Shareholders' equity is worthless - according to Gluacus - other shareholders and annual reports show a different picture

    Fact : CJS is in denial - CJS is prepared to wait for the Coy and its various interested parties to develop a workable basis for future operations which may involve a number of options

    Game, set and match to Glaucus - I beg to differ and so do many others with much greater expertise then I.

    Fact SDE is a shorter who will benefit from Coy being forced into VA.

    All IMO and DYOR of course
 
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