Hey dad I am wanted for murder No I am kidding, but I did fail in school this year!
Seriously, they are playing us. Do some ridiculous offer, then retract it, and still do an unreasonable dillution and shareholders will be relieved, despite still getting shafted. Get paid 8%, with pretty much guarantee to get your money back AND with a long term option attached at $4.75. I would looove to own those bonds.
Makes me think that some powerful person needed to be made happy. Would love to see who participates in this offering. Is there a way to see that?
Still I am not selling, in a way this actually looks kinda bullish.