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Friday, February 26, 2016 9:58:21 AM
Your statement "If note holders are pushing conversion despite an agreement, then there is likely a very strong case in favor of the note holders to do so" is completely twisted. Their action actually means that they underestimated Ryan and his will and took his decisions lightly. It means that they tried to break the agreement to realize a much higher profit, that is if we assume good intention. But if we assume bad intentions, and considering that a competitor once bought a similar note before then tried to break the agreement and convert it, and that there could be things happening behind the scenes, I say that trying to cause harm to the stock and LaborSmart is not a far-fetched scenario. In both cases, that action showed that Ryan is not joking and closed the door to anyone who was thinking of playing the same game again. This is very good too because it protects the stock against such harmful actions in the future. See? many good things, right?
Remember when everyone was giddy about...
No I won't remember anything. Any negatives prior to the past 2 months is completely irrelevant now and out of context. We are talking about a totally different company now. You like to take a reference point as the company status a couple of years back and measure things from there. Obviously mentioning the recent positive developments won't serve your purpose. Positive investors here decided to make their reference point only a couple of months back because that's when the company started turning around - that's what/when LaborSmart is to them - and they measure how they company has been going from there, and it has been going great. You are the one that needs to remember the recent developments. If you insist to keep focusing on old news it's up to you but keep in mind that for many here, that news is obsolete and they consider that you talking about a different company.
Your money, your decisions.
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