Because PK sees the end at the end of a tunnel. Mexcor-Drinks sales are going to only go up from this quarter. As far as dilution concerns, it's easy: PK needs to pay bills now, not tomorrow. You saw this accrued interest in the financials? This needs to be paid off. Debt must be paid off. Of course he's doing it at present shareholders' cost, but it's not like he has much choice. After he reduces/eliminates debt and increasing JV fee income will flow into company I strongly believe dilution will stop.
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