Too funny. I've seen self dealing pinkies before - actually, I think they all are, but I don't think I've ever seen one raise the A/S so they could give themselves more shares in the company at a 90% discount than were available on the old A/S.
Then not even pay for the shares.
And of course there are the death spiral convertibles too.
Talk about stinky pinkie - this one is the stinkiest.
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