But more likely they are creating room for the Canouse clan to continue to convert debt.
People holding long positions might actually see the increase in the A/S as a positive because it indicates the Canouse clan isn't necessarily finished looting the QASP shell yet. As long as they also bear in mind that any promotion that comes along is designed to create dumping opportunities for the convertible debt and preferred shareholders rather than creating any common equity value.
One must always bear in mind that for Joe Canouse the definition of shareholder value is money he doesn't have yet.
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