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operating_line

06/02/20 7:01 AM

#31274 RE: Woody73z #31272


Yes, it is possible management knew that dilution was about to occur by a negotiated agreement and subsequently released a PR that did not comment on the notes negotiations. The PR for the annual report stated:

"We will continue to run the business in a disciplined way in 2020 and remain focused on generating long-term relative growth while driving long-term value for our shareholders "

If your guess that dilution was part of negotiation agreement,
we could see a PR and 8K very soon on the notes i.e. within 4 days of an agreement reached. I hope you are right. We need to see if the O/S changes today. Yesterdays, fall may be a reaction to the earnings loss that was mainly due to the restructuring to consolidate into the new HQ. This is a non-recurring expense.