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Saturday, July 27, 2019 2:31:07 PM
Please provide the documentation for your statement that YAGI doesn't care about price drops
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They at least had a Long term convertible debt obligations to YAGI since 2008, maybe longer. Do you see what the stock price could have been if it wasn't for all these RS? I did put my cursor somwhere in dec 2008. 1 share would have been worth 500 million dollar back then
http://pdf.secdatabase.com/1565/0001269127-09-000118.pdf
Do you think YAGI cared about GERS going from 500 million dollar to 6 cents now? Why would they, what do they lose by it?
Al they did was give GERS the money to survive. The lawsuit could move on during this dilution, and YAGI did get their money by selling shares every few day's, weeks, months whatever was needed to get the shares sold. And if GERS reached the maximum OS, the just performed a RS, solving the problem but slashing the share prie and the value for those holding the normal shares.
It wouldn't be a stretch of anyone's imagination to say that YAGI sold a chunk of their own shares yesterday.
No, those who followed every day trades closely and also followed the OS as regular as possible, know that all shares that came out of converted bonds did hit the market almost instantly. YAGI had no reason to keep them since their amount of bonds was practically infinite. Why would they wait that long holding those shares? They don't care about GERS, they just care about the money.
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