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Message: Shoreham Agrees to Shares for Debt at Above Market Pricing

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Re: Shoreham Agrees to Shares for Debt at Above Market Pricing

in response to Shoreham Agrees to Shares for Debt at Above Market Pricing by AGORACOM

posted on Feb 12, 09 06:15AM

Anytime you can price a financing ABOVE market prices, it shows confidence the debt acceptors have in the company. Instead of taking cash, they accept securities, so obviously they believe share prices are going higher.

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