The point of all this is to prevent the 363 sale from occuring in the first place. There is no reason for it to happen in the first place. WHAI does not have to sell the company at such a cheap price .. they can go the recapitalisation, refinance route (issue more shares!).
jackjohnson23 what is your problem being so negative. we know all this!
Why don't you give some constructive advice on ways to stop them from fire selling the company?
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