maybe so, but it would have been decent of him to have waited til market close, and soften this with an explanation by shareholder letter...the way this was done, was manipulation to shake out the little guys that bought all that debt for him...now we get a massive reduction in value without any real formal warning...just plays dirty. and is manipulative to rip money from retail investors...this r/s obliterates my share count( which is small as i have said) so instead of making a few bucks, i get a loss if i even have any shares remaining after this.....some of us work and when we invest in what appears to be a credible person, then we should be able to go to work and keep ourselves afloat, without having to get a huge suprise of loss...this was dirty....the a/s reduction would have brought this closer to a price in which a small r/s would have accomplished the same goal..the people that bought the toxic debt for him would have been well rewarded, and it would have made the ceo look like a master instead of a dirty pinksheet sheister
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