Problems are SystemicWhen you look really deep under the CGX hood, their problems are systemic and it will take a LONG TIME for these problems to be resolved, assuming they have enough cash to weather the storm. The real drag will be the REC ROOM......pretty hard to be COVID friendly there - at least with the theatre, you can put in place precaustions that limit contact and be COVID friendly - REC ROOM not so much so. The covertible debenture will help the shorts not hinder them. The shorties will subscribe to the convert and then short the stock - CGE does not pay a dividend (they did but the Cineworld offer helped CGX cancel the dividend and if they were paying a dividend it would be cut anyway). SO THE SHORTIES WANT THE CONVERT - short the heck out of the common and collect interest along the way with the convert....5% is not bad interest while you watch CGX decline. Better yet, CGX gets into real financial trouble, the converts can renegotiate terms....they will get CGX stock for a song......regardless, the urgent nature of CGX's situation is NOT GOOD.......STAY AWAY!