It's my understanding that companies can call certain shots with these scavenger lenders. They can demand for instance, that shorting can not occur for a certain time period. I've never seen Bal make any demands that prevent these sharks from benefitting twice. He's either the biggest dope I've seen yet, or he's corrupt. Either way he shouldn't be CEO of a public company. The late Zeev Hed was an expert on these games and posted a lot on ihub to help individual investors see what they're getting themselves into. Mick Wynhoff was aware and mentioned many unsuspecting ceos of startups got their heads handed to them from the Maxim types. Meanwhile, Bal stays on while continuing the same and rewarding himself in the process. Gamer or dumbass: your choice. I've NEVER seen ANY diluting like this by an honest ceo in all the years I've invested. I know you disagree. I'm just telling you my experience.
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