*So, appears management intentions are to stay alive through the arbitration by virtue of giving away arbitration proceeds. * YEP
The beauty is its all a win win for tenor and bond folks. At the end of the day whatever piece of pie given to them stays undiluted it appears. My guess is at some point the managment stake will gain that special undiluted status when the details are worked out. So actually CRY stays alive by issuing millions and possibly billions of new shares even if its at 5 cents a share or less and only retail gets diluted . Enough for bills and paychecks For staff and hope of a payday for new fish. Can you imagine this mess dragging out to 2016 or longer and what that would do to any share structure. Ugly.
I must say I am so glad I checked out of this train wreck awhile ago. Todays suspension is not good in any way shape or form. My guess is the filings are not accurate in SEC eyes. That can mean many things but it appears 5 cents is near if and when it trades again in the wild wild west sheets. Hoping For shareholders its an honest mistake and all is good in a day or so.
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