Rim Semiconductor Company (fka RSMI)

[427Cobra]

Lycus: Although many of your questions aren't worth answering, I think that these are.

Question A: Does a toxic financing plan that features floorless debentures often lead to a death spiral for the corporation issuing that paper?

Often? Yes. In this case, No. They have enough money to complete the FPGA, then I believe that favorable financing for the ASIC can occur. Death spiral happens when a company has to keep selling stock to finance it's daily operations, that is what makes it death spiral. No stock is being sold. If stock is not sold, there can be no death spiral.

Questions B: What are the statistical probabilities of a corporation whose death spiral toxic financing plan is unwound {when holders of their floorless debentures convert their wallpaper and cash out} ever recovering?

This won't happen in my opinion because of my answer above. Worst case is a lot more shares outstanding. At most, Rim would have less than Ikanos had before it's 1 for 12 reverse split. IMO.

Question C: Do you really believe that the Embarq etherware will be developed into a family of transport communicators that will transform this Titantic after it has been opened from stem to stern by the marketplace iceberg? TIA.

Absolutely. Refer to my post 38983.