Agree GC- The bondholders are probably not interested in Common. This does not fit thier risk profile or wheelhouse. I would assume they migrate thier capital to something more in their comfort zone. Nothing against the value of sycrf just incompatable risk /reward profile. That beign said the pps has held in spite of this. I remain optimistic. And Glad to see the "seller" is beign prudent! Lots of reasons to sell any investment, only one reason to invest.
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