Oh there will be an 8-K describing the details of the restructuring...bet on it...might be a statement about the end of dilution to boot...you've made some good points that I agree with you on 100%...
For example, why the sudden change in heart from YA to forgive 1.4B warrants? You made the point "did somebody pay YA off"...good observation...as scandalous as YA normally is, why the goody two shoes act?
The conversion price is currently in the range of $.0012 per share.
Last disclosed debt is $39.3 million and preferred stock is about $5.2 million. These balances would have increased by accrued interest at about $400k per month and reduced by conversions which we will not know until the 10-K is filed.
YA is diluting like crazy right now IMO. Converting debt into shares at $.0012 and selling at a nice 25% or more profit.
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