Nothing good can come from the pps being destroyed like it has.With a certain poster that came up in the past week or so not the old MOD but the other and stated what they did which if I remember right was a neighbor to a certain party again if I remember right gives me a clue where the shares are coming from imo if not its either someone converted debt notes to shares and the common holder is paying the price again imo but who else can sell this many shares this low?
The new preferred could care less cause they are protected by the ratchet provision the way I read the SEC filings other words rinse and repeat.
Its a dam shame is my true thought.Who knows maybe they did some kind of toxic finance which I'm not aware of in any SEC filing but no way is this retail again imo.
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