Major dilution is required to move forward anyway. Read the 10–K. Noteholders need their pound of flesh, remember? How many millions of dollars is it?
“Major” is a generous descriptor. I’d say “massive” is more accurate. But sure. Hold right to those shares. I’m sure all the amazing things anyone thinks is coming to shareholders afterward will more than make up for all the dilution.
Right? Right??? Didn’t it happen that way last time?
“Looks like we'll have to suffer through the dilution which appears included in the established plan.”
Nothing “apparent” about it. It’s spelled out in the 10-k. It’s also been obvious for at least the last 18 months to any unemotional investors with eyes wide open.
But now those who denied RS was coming think they have all the answers now. Probably just a coincidence they’re avoiding at all costs discussion of those 21 million shares management dumped.