Nano Mobile Healthcare Inc (VNTH)

[DANNYBOY666]

Correct. But the company has debt and has it in spades. Debt is valuable now with the federal reserve buying corporate debt in droves to keep our currency from crashing. A quick way to inject cash would be a secondary offering in the bond markets. Convert that debt to equity, worked in Japan in the 90's and could work here. As President Trump says "after a while whoever holds the most debt can control the banks" that has long been the logic of bond investors. The prefered shares since their face value is zero can be made into bonds as say coupons bearing 4.5% per year and then converted into stock and sold as equity. If you find Mr. Chicosky in your travels tell him at least 10% of the common stock holders want either current filings by the end of the year or a new CEO to be appointed.

Best of health to you.