Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

exactly what benefit is there for eddie issuing new common to old common?

why would he even need to do that?

the old common stock he owns is worth no more than $35 million or so at these prices.

he owns all of the valuable sears assets (100% controlled in his private company transform holdco) and he has no responsibility for the old debt or pensions.

what value is there is getting a bunch of whining common stock shareholder with a new issuance?

suggesting new common stock issuance is either not well thought through or i'm missing something pretty basic.

any rational thoughts on why issuing new stock makes sense are welcome.