Hmmm ... I thought there was to be no R/S until the Cornell debt was dealt with. A 300 - 1 split with current debt agreements just means another spiral down to 0.0001 ... at 300 times less the value as before. And, even if the stock goes up a little, it would have to increase 100X in value for most here to be anywhere near break-even point (which I realize is never going to happen). I say limp along until (if ever) the debt is cleared and then start buying back shares. But, of course, that would involve putting current shareholders first, which ....
You'd think that the current meltdown would have some people wondering whether the "business as usual" approach was really the best corporate strategy available. But then again ... you'd also think investment "professionals" wouldn't have touched repackaged junk grade debt with a ten foot pole. And ... dowwwnnnn we go (again).
jt
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