Friday, April 18, 2014 9:31:18 PM
I always worry about toxic financing-but Kodiak seems more like a venture capitalist providing seed money for stock. "Kodiak has covenanted not to cause or engage in any manner whatsoever, any direct or indirect short selling or hedging of the Company's shares of common stock.that they never short."
They haven't collected on the second round of puts according to 10K, which leads me to believe (and this may be fishing) that they are waiting for much better returns.
Take a look at Kodiak's website. These folks are smart investors.
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