Here is something else I'm curious about...If their refi plan goes through, they are diluting at quite a discount even to this .14X price we've seen today. Any idea what their authorized share count is? I'm trying to figure out why the hell they wouldn't have diluted all along in the .20's, and maybe instead of ending up with 1+ billion common shares, limited it to maybe 500 million.
That's the only really sad thing...if dilution was the fix, they should've been selling shares in the .4X's, .3X's, .2X's and even now...would've been better for them, and for us other common share holders, not to have shares given away around .10.
