Thanks Jack, but the key word is BUSINESS. All Mr Lenfest did was renegotiate all his past investments to a solid four percent. Benefit here is I believe previous "notes" were actually higher in interest. Actually as majority stock holder, renegotiate is not appropriate, he just felt it better for the company to eliminate the "debt" but increase shares instead. He gets the 4 percent, what does the individual investor get, granted a better balance sheet? Why didn't he just eliminated the debt all together, like has been said, he doesn't need the money and he is giving away his billions in other ways. So who does it really benefit. Time will tell, but you can figure out just how many shares he will get, add that to the total, figure out the 4 percent and then look at the income this Business is producing and see if all the numbers add up. ...., and for those that want this discussion board to be nothing but a cheerleading squad without any "Business" related discussion. Sorry for you. In a discussion board about TEVE, it should be a business discussion pros and cons.
