Jroon: My bad.
And I recognize that there may come a day where those preferred shares cost us commoners some $$$. It's obvious they will. Not sure if it will be Denner who owns them or not.
But, compares to where we've been and where we're at right now, I think most of us will take $6 or $8, even a slightly higher price could have been available w/o those preferred.
I look at it as the cost of doing business. I hate paying attorneys and accountants etc, but it's essential.
For those who voted for Sarissa, we essentially "hired" Denner and his merry crew to come in and salvage this company and sell it for us. Gotta pay the guy you hired if he does what you hired him for.
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