And then everyone seems surprised when the price tanks. Seems HDSI is like all the other stinky-pinkies. Run for a day or 2 on hype, then the insiders dump. Pretty familiar pattern.
It was legacy debt, but yeah, I agree. The conversion rates can be pretty ridiculous. In HDSI case and with these particular CDs, chances are, the loans/debt was made when the pps was only .0001/.0002. It's only because the pps has shot up so much that it looks totally criminal.