It's great to see someone going after the toxic note holders however it's tough to see how PNTV wins this any more than their Comcast suit.
The FINRA/SEC case ended in fines, penalties and payments to the government, not the company.
Looks like another attempt to prop up the stock price, but it's nice to see someone finally biting the hand feeding it. Maybe this will be the beginning of the end for this toxic cesspool loophole.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken