The only reason to be sitting at this bid continuously and aggressively buying hundreds of thousands of shares is if you know these are the last cheap shares you are going to be able to get
Not really - that depends on how many shares you want. However, I have a feeling that Solomon has told this new buyer how many shares that will hit the market and have "arranged" it so that this new buyer is buying them all. Which leads me to ask the question whether the cash dividend policy really was because we "asked" for it, or whether it was to lure this new big buyer.
its called convertible promissory notes as EXCHANGED for shares.
you have a base of surrogate "buyers" on behalf of the company and they get bailed out later. don't wait for the 13(d) it will never happen. wait another 6 months and get slaughtered more as they come back to the market. should we see a successful class action come to the table, we will be BLESSED that this exchange and conversion activity will be stopped cold in its tracks. for someone who actually believes these clowns own an y assets at all, then you should be aggressively seeking a lawsuit that stops them from diluting your value. simple.