RE: RE: RE: May be finished This was likely a deliberate scheme by Bates and co. to drag it out to the last minute and avoid the wrath of the shareholders. He must have known well in advance that CMK could not pay the interest on the bonds. Why he then waitied until the last moment? One of the reasons I suppose is to escape the wrath of the shareholders that could lynch him for massively dilluting the stock. So he relied on the "emergency" provisions of the TSX regulations for issuing stock more than 25% of the existing stock. Bates and his gang have a very strong instinct of survival, mind you.