These guys are looking to make a lot more money than this. They are all down on their investment at this price.
The preferred shares, which is the best deal are $1.20 per.
Dye invested millions of dollars for options that have expired. He still bought millions of dollars of shares on the open market the year the options expired.
The $100m loan was made at $1.85 and converts at $2.24 and we are under $1.10 hahaha