one of the options to pay for the loan is with 9% of the common shares. He is going to pay for the aqui's with the loan then possibly pay the loan if the value of the stock is worth what he owes on the loan. Its actually a brilliant strategy. Tuck them away now so the loan is possibly paid for when the term is over jmo
We don't know why. It could be that the $350 Million is for the acquisitions only. I was just giving my opinion. Like I said hopefully this is a prelude to an update on the share structure.
There are stipulations when you get a loan. It is possible the loan is only to be used for the acquisitions. It is really simple to understand. So many people are quick to say "why dont they this and why dont they that" They CANT, this is a big reason IMO for the share dilution.