I had assumed (perhaps wrongly?) that the convertible was associated the possible acquisition or merger. But looking back at the 8K in August, it states that restricted shares will be used for those legal fees, so now I'm not sure? Without the August 8K, this one would be taken very negatively, especially combined with the fact that they haven't reported since March.
A lot of interesting things happening with this company and let's hope they turn out for the good.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.