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nfrequent

07/20/23 10:20 AM

#147878 RE: Craig305 #147875

The 30 billion OS is not what weighs on the stock. It's the common share equivalency of the preferred shares. You were right to raise the alarm about that. It got me thinking about what sort of conversations have taken place internally. The preferred shareholders and CEO should have renegotiated those agreements months ago. They need to take a haircut in the short run for all to gain in the long run. We have all had to do that at one time or another. Anything less is downright dysfunctional.