Investment firms such as Prospect Capital play an important role by helping companies fulfill their growth plans. It's apparent that they recognized the fact that Deep Down is a solid commpany with a very promising future else they would not have made the loan.
But I would think this is the last time Deep Down uses this type of burdensome financing, even if Prospect rates Deep Down's leaders as among "world-class management teams."
one would further assume that if Prospect were to exercise that warrant, they would go to DPDW (and DR) before selling the shares on the open market--the co or DR would be able to find a buyer for them at better prices for both than if Prospect were to simply exercise and sell...
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