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creppie

04/27/15 11:36 AM

#160 RE: cheftrotter #159

I don't think they'd bother selling those until they're in the money at 12.8 and, mostly, .15. Would take about a year at avg 200k daily volume.

They need to blow out growth expectations and need to strike a deal with the warrant holders for this to go anywhere. If they get enough momentum, they'll prob have the leverage to do that. Question is, will they be able to grow enough while the new mgmt is strongly incentivized to keep the momentum and strike that deal. That's what anybody who holds this is betting on right now.

One day, we may wake up to a PR about a debt restructuring or swap. If that happens, we'll move right up to whatever the strike is, if any.