RE: What the ??? Repricings of Debt newsI don't care how much they fix this financing, it was rape and pillage from the get-go.
Your question is interesting, TheFix14. How could a price be set when it's impossible to know how many shares will be outstanding? At least it appears as though nobody could know.
Even the thought of a 14% interest rate is astonishing. DM must have been star-struck sitting in the Big-Boyz offices when he set this up, pizzing with the big dogs now, I am, I am, he must have thought.