The puzzling part is the amount of dilution, why would any note holder convert at these levels "knowing" the potential and "deals" in the pipeline. I get the fact that profit is profit so take your money and run but just doesn't make much business sense to settle, these aren't day trading, flipping note holders so just doesn't add up to me.
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.