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OShagHennessy

07/26/17 7:51 AM

#37882 RE: hollygoodhd #37879

I considered that they mentioned no dilution in the PR; however, you must also consider the facts and stop giving them the benefit of the doubt. Facts are that they have and continue to destroy shareholder value on an endless quest to use shareholder equity to pay off their enormous debt. And yes, there is no "immediate" dilution from the preferred shares, but it will happen when they use the "special voting rights" to increase the AS or god forbid enact another RS. The only hope here is that there may be a near term pop in the PPS heading up to the ER.