If you are a bank....and came to them in this current financial condition..would you give them a loan? If you did.....imagine the interest rate you would be subjected to. From a business perspective diluting saves you more money. Remember....ITEN has a total loss of $28 million.....with a $5 million loss in the first six months of 2014. Then throw in the mess created by Ira. As we speak the sharks and creditors are lined up wanting to get paid.
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