I also wish they would unwind the convertibles in the market differently. Unfortunately, the current contract doesn't offer them any flexibility. The Iliad contract terms should be deemed illegal, IMO, so I like that the owner is under SEC investigation. I want RXMD to pay it's debt, but they should have the option of settling with cash, not locked into predatory spiral down discount terms. Fife is trying to defend himself now with the SEC, while RXMD has been unsuccessful at negotiating alternate terms. That is the issue here. I still think management isn't concerned because of their quiet plan. Operationally, the company is solid. If it weren't for the conversion terms, PPS would be much higher.
IMO
Go RXMD!
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