>>>The deal is bad for GTCB, and it is bad for shareholders, the only thing that can change this is if they pay the loan off before LFB pulls the trigger.<<<
If they weren't able to repay the loan.... and if they didn't want LFB to have controlling interest.... couldn't they dilute LFB out of control? Say, issue 70 million shares in a private offering?....or maybe a rights offering to existing shareholders before LFB was able to convert their shares?
I'm just throwing that out for the heck of it. I have confidence in Cox and gang to bring us through in style. :^)
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