whitebeachlover, now that the valad share price is going down to 2c, the mccabe debt swap will be at 5-6c, which will be a cool 150-250% premium.
at 5c, to raise $60m, valad will issue 1.2 billion shares to mccabe.
whitebeachlover, now that the valad share price is going down to...
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