Debbie, I believe the Magna note is paid in full which makes sense. Any future financing coming for construction would require this derivative to be settled. The numbers work out almost perfectly here so I think all can rest assured that 'massive dilution' is done. What we'd see periodically (monthly) is shares selling for salaries, this is what VNDM does from time to time but that activity never damages the stock nor was it ever intended to.
Manu must restore the confidence of his shareholder base and market as a whole. Ungagging the T/A is a step in the right direction. And as opined by some, the T/A is now ungagged because the worst of the dilution is done.
Let's see if Manu will provide at least a general revenue guidance for Yellow--this is critical. We know what Nick C's movies do...is there a reason to believe Yellow will not perform? To me, no.