Genco Shipping andTrading Limited (fka GNKOQ)

[eddy2]

Well because there shares were restricted the company had to buy them or what they could buy and what they couldn't buy they went in to debt paying them out.

When you think about it those folks had to eat as well and if they are restricted then there is only one buyer but what the company can do is turn around and sell them to Joe public at a profit against the debt and that can be used to pay the high lease to purchase agreement set up do to this money generating, oh call it what you like but the problem is when investors won't pay the extra money due to first being to many shares out in the secondary market place driving down the price.