Rats when they had a $50 million credit line they would rather sell $75 million to Jefferies and dilute shareholders rather than go in debt. I guess they are not counting on any short term income from Covid and planning for long term with CLI. Better not to go in debt but this will cause some short term pain to existing shareholders. But this will likely be the best day to accumulate shares and maybe just maybe they might have some good news coming up where they can sell to Jefferies at higher price than what will happen today.
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