Debt free? What? Conventional financing? Do you mean the LOC that they have run up and then Paid with shares twice. Give me a break Scott Vanis. You and the CEO, if your not the same guy are masters of deception.
1. Doing an RS later would have hurt the PPS all the same. Necessity to do RS came faster then I imagined but I knew they needed to have one at some point. The merger put it on the table.
2. Cleaning the books pre merger allows us to use conventional funding approaches with better terms.
Pinks are like people with bad credit. The only loans they get are with crapy terms of repayment which keep you poor.
The product is the same but our books are clean. Looking back in the real view mirror our PPS has a chance to really move. Notice the shares at .0011-.0013 are being absorbed.
People don't assume for one second that I like the current PPS, but yes it was necessary and I will take advantage of the PPS and add when I can.
I am long and am not in any way associated with mine as some said yesterday!
News 
Market Data 
Discover 
