FWIW, my read on the IR e-mail: EESO having trouble collecting on receivables...remember, Jared also commented on this. They need cash to stay alive. In that event, they may have to sell shares. Current shs get the short end in that situation...
what is very strange, to announce a buyout offer with cash, and stock, reflecting the 2 bil shares, and turn it down, and now the stock will never reach the turned down price with the A/S supposedly increased. Jarad has alot of explaining to do. Another BS conference call and he will be followed by a lynch mob