RE:RE:RE:RE:RE:RE:RE:December 18 $75M Debenture ConversionSo it is reasonable for them to be selling now. Cool. Thats pretty much what I posted in the first place.
The big difference betweem last year and this year is that last year they waited till the new year to get the banks on boards. Canaccord waited till after the December selloff to do their debenture and BD's. This year they did 100m at near the peak $6.50. I think this timing is very important.
As for the setup of these deals. They only work if the market continues to go up. They have also triggered every BD and debenture within a year. Meaning that interest stops. I think thats a good thing. That and it is what they have done with the cash they have borrowed that is important. I think they have used it pretty well.
People were all happy when they got these deals. They are all happy with our growth. These deals are how we are getting our machine up and going. What a machoine it will be!!! That 100m hours after announcing a hostile takeover was a message IMO.
I haven't taken anything but my bank account personally, LOL! Its doin just fine.
Good luck to ya!