Thanks for the info as usual RSH
Interesting trading this week. Let us see what happens next week.
Even though the chances of new money and a restructuring are slim, I mentioned in the past how I would go about it.
With around 4 billion shares outstanding and a market cap of 400k or so, one could accumulate and hold or cancel tons of shares before a stock even moves for peanuts.
2 things would have to happen. Management would have to own some stock since their old stock was diluted to no value and new investors would have to own some stock.
So say after their report went late the plan was to keep buying stock representing purchases by management, new investors and part to cancel. They could re-do the whole deal at minimum cost.
Id have to look at the volume since then and see what comes but that is how I would do it.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
