This Rights Offering appears to be a dog & pony show designed to put 36 million additional shares into GE's hands. Why would he need so many additional shares if he already has 53% control of the company unless he was positioning for further share dilution and reverse splits down the road? The prospectus practically says as much, indicating that following the Rights Offering, GE may control 70% of the company, and that his interests may not align with shareholders. The lockup on the Rights Offering is six months, but after December, the company is free to go back to diluting shares, outside of the Offering. I'm thinking any reasonably 'safe' window of opportunity is between now and December 31st. After that, all bets are off, and it's a brand new game.