APR thanks for your last post, I agree with your perspective and thought. I don't see the Company pursuing a R/S strategy any time soon, if at all, since they still have convertible debt and shareholders like MCKEA and other related parties that would be adversely affected. I don't believe their largest shareholder would concur with such a move and believe they would have to for such a corporate action to take place. In a R/S you don't get to pick and choose.
Furthermore, I believe the Company has shown that their use of toxic debt is over. I have not detected one new toxic note being signed in 2015 given their subsequent events despite some saying the Company is continuing with such lending. And any conversions from toxic lenders has halted until the financials become current. Hence anyone buying shares from about April of 2015 until now are buying from either long term investors of XCLK or day-traders looking for a quick turn. Either way the market is in play and not adversely affected by toxic loans. Their damage was done much earlier this year.
As for the rest of it, I too am waiting for news to see where XCLK goes from here.
