Sunday, June 1, 2014

IBI Group: Now That's More Like It

Two weeks ago, I was rather dismayed. I had received what I considered to be a very poor offer from IBI Group (OTCPK:IBIBF) to revise the terms of its debentures that I hold. Because these debentures are widely held by a number of retail investors, it seemed to me that management was trying to take advantage of a group without a lot of sophistication and market power. I'm pleased to report that their gambit failed!Read more...

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