The ongoing saga of Pinetree Capital (TSX: PNP) continues. After coming to an agreement (after what functionally amounted to a financial game of chicken when management “blinked”) with over 2/3rds of the debenture holders in a very private setting, management has been ousted, and a new agreement has been put in place that grants debt … Continue reading Pinetree Capital Debentures – Buying a dollar for 80 cents