Like most businesses, I don't like surprises. Surprises create uncertainty and uncertainty creates greater risk. A couple questions regarding your statement...
A legacy note which Is nearing its end, which company could not pay off is being absorbed
It’s not substantial and should be easily absorbed
So if you read the PR it’s 100% factual
1) How do you know this is a legacy note?
2) How do you know "[it is] not substantial"?
3) How does this dilutive activity either support or be found addressed in the PR?
Not trying to be a ballbuster here, but you write the above with certainty, as if it is a common knowledge fact, but yet I can't seem to come to the same conclusions given the limited facts I have available. So, while I believe you are an honest actor, I would be more comfortable knowing how you arrived at your conclusions.
Thanks.
A statement directed more generally
I feel I must state this again...an 8k on the status of the convertible debt - what is paid and what remains - would create more confidence among shareholders and, therefore, more stability in the SP. I don't like flying blind, and at this important juncture in the company's history, more clarity and openness plays much better than less...unless the details are uglier than investors know. I don't believe shareholders should have to wait for the quarterly update for this info in this case.
The main drivers of the last dip (and part of the one that occurred today) were dilution and uncertainty surrounding possible dilution. Both are largely problems the company can address. I do not believe the share price can stabilize without the current dilution/convertible debt uncertainity being addressed. I should be concerned if the Acela deal goes through, not if I am going to be blindsided by more unannounced dilution that helps drive the SP down almost 50% from its innerday highs. Those types of concerns do NOT lead to price stability.
I will not - Will. Not. - play this roller coaster game all the way down to .0015 again just because the company refuses to dispell unnecessary uncertainity, and I am sure I am not alone.