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immitt

09/27/05 10:12 AM

#39199 RE: 427Cobra #39197

Which, of course, is why this type of financing is not particuliarly beneficial to shareholders. Wouldn't you agree?
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ShysterChaser

09/27/05 10:53 AM

#39202 RE: 427Cobra #39197

Let me try to comprehend your posts, Sherman.

1. You agree that the syndicate who holds the IP of RaySpoiledMyInvestment struck a good deal for themselves.
2. You agree that they have it both ways (up and down) and all at no risk.
3. You agree that this toxic financing plan has diluted the stock for all shareholders.
4. You believe that making a bargain with the Devil and selling your soul is better than no financing at all.

That leads to just a couple of questions. Your responses will be revealing.

Question A: Does a toxic financing plan that features floorless debentures often lead to a death spiral for the corporation issuing that paper?

Questions B: What are the statistical probabilities of a corporation whose death spiral toxic financing plan is unwound {when holders of their floorless debentures convert their wallpaper and cash out} ever recovering?

Question C: Do you really believe that the Embarq etherware will be developed into a family of transport communicators that will transform this Titanic after it has been ripped open from stem to stern by the marketplace iceberg? TIA.