Tuesday, December 08, 2015 1:23:09 PM
The CEO promised no more conversions.
No he didn't. The only thing he did was buy time by arranging monthly payments that he couldn't afford before and can't afford now. The note holders would not have been dumb enough to yield their right to convert when Schadel misses payments. The only reason all of that smoke was generated was to generate this run, but that is drying up too.
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