Again, because BryanC meant that the lenders want to weaken QMC so they cave. I pointed out they accomplish that either way, by gaining tons of shares or by getting paid first in line in bankruptcy. You can't argue about that, so you quibble about minor points.
The "flaw in the bankruptcy theory" does not exist. The lender hopes to get paid no matter what happens. More shares does not change the situation. So your point is far from legit.
QMC would still be harmed.
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