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Thursday, May 18, 2017 10:07:21 PM
That makes no sense at all. The longer they wait the better the odds are they land a big contract, sell more assets to pay down debt, or obtain better financing.
The sooner they do it, the sooner they dilute and the sooner the market cap drops even lower.
You are not fooling anyone here. The only reason to push for the RS is if you are a convertible note holder waiting to place a short hedge when the RS takes place. Then, you make money selling converting shares and you cover the short when it bottoms at .005 and make even more.
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