Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: More 13F Filings

Teutracker, thanks for the good information. I have not seen the percentages for the settlement or annual interest rate. If I followed correctly, with a one billion dollar settlement, the new note holders would get 35% ($350,000,000). That would leave $650,000,000, from the $650 we would have to pay back the $120,000,000 notes, leaving $530,000,000. Am I correct that we would still owe the 20% annual interest of $24,000,000. That would leave $506,000,000 to be divided by the 400,000,000 shares.

Thanks again!

Share
New Message
Please login to post a reply