It doesn't matter to Mr lenfest, he traded the debt of the company which he owns to shares of the company that he owns, all is mute as he owns 93 percent of the company, it's assets, it's people, so if he decided to go private or to sell, he not only sells the shares but the value of everything, so the 70 dollars he accepted again is pointless. This is his company and he will do with it as he pleases, again compare to his other company as to the actions of the majority shareholder, preferred dividends and he's making money, keep the share price low, eliminate all shares publicly traded, means nothing, he's getting his money one quarter at a time with both companies.