Rambus (RMBS)

[treowth]

Backdating costs continue to mount.

<Looks like a technicality it appears they aren’t in default of the loan payments just the terms>

Default notices cost money to generate. I doubt the trustee is working for free or anywhere near the minimun wage!

I was contacted by a law firm regarding serving as a lead plaintiff. I LOL . . . but come on, at some point one wonders what the heck they are doing in Rambushire.

I am still believing there is a good reason for the delay and that there is a plan in place - but I am not drinking Kool Aid.

Question for the bond experts:

Could there be a financial reason for RMBS to allow a default of this convertible bond?