“A couple of thoughts on the threatened lawsuit to Fox News, Hunter's lawsuit against Patrick Byrne, and Robert Savage's lawsuit against the Daily Mail and New York Post. First of all, Congress could subpoena the number, which we know was associated with Rob. He's lying, but they could aid this effort very quickly. It's a matter of intelligence and will for the Congress. Additionally, Morris, as you all know, holds the 10% shares in BHR. That is going to be worth $6 million to $12 million, but Hunter knows that he's not going to pay a dime of liquid cash based on his current income streams back to Morris. So that's partly what the lawsuits against Byrne and planned against Fox News are. Hunter doesn't want to have to pay this money back to Morris. It would be best if he gets one of these big corporations' pussies out and settles. That's what the plan is. That's what Hunter wants to do. He wants to get a big, punitive $200 million payout from Fox News and then cut a check to Morris. for all of the back pay. I'm usually not first on things. I like to mull things over and think deeply about them, but that's the initial thing I'll put my name behind.”
“A couple of thoughts on the threatened lawsuit to Fox News, Hunter's lawsuit against Patrick Byrne, and Robert Savage's lawsuit against the Daily Mail and New York Post. First of all, Congress could subpoena the number, which we know was associated with Rob. He's lying, but they could aid this effort very quickly. It's a matter of intelligence and will for the Congress. Additionally, Morris, as you all know, holds the 10% shares in BHR. That is going to be worth $6 million to $12 million, but Hunter knows that he's not going to pay a dime of liquid cash based on his current income streams back to Morris. So that's partly what the lawsuits against Byrne and planned against Fox News are. Hunter doesn't want to have to pay this money back to Morris. It would be best if he gets one of these big corporations' pussies out and settles. That's what the plan is. That's what Hunter wants to do. He wants to get a big, punitive $200 million payout from Fox News and then cut a check to Morris. for all of the back pay. I'm usually not first on things. I like to mull things over and think deeply about them, but that's the initial thing I'll put my name behind.”
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BY GEORGENEWS
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Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
