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Re: BaGr post# 6641

Monday, 05/11/2015 8:04:54 PM

Monday, May 11, 2015 8:04:54 PM

Post# of 6681
Looks like they converted a 2nd lien 7% convertible note. That's where the extra shares came from. This was probably a desperation move on their part, in hopes they could gain some leverage from the bondholders. These guys are really on the outside looking in on this one. They lost.
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