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temp luvs amy

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temp luvs amy

Re: Enterprising Investor post# 327

Friday, 06/13/2014 12:46:05 AM

Friday, June 13, 2014 12:46:05 AM

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I would hope that RES isn't that stupid, but they could be.

They could easily hold the convertible and pay the money in cash to exercise the rights. The convertibles would likely require a 6 month lockup, and the rights would create free trading shares.


The Form 4's indicate a disposal of the rights, in a timely fashion.

IDK, but the company needs the cash, and RES needed to show they can wear big boy pants.

Conversion of debt isn't really "proceeds," is it?
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