RE: TimingWe should remember that this action fixes things to some degree. Life is better with this death spiral fixed. The bad news today is that the financing was worse than we thought but that is really also old news so what the heck. We get a little more dilution but it's not too bad. We'll have another day or two waiting for the dust to settle and then on we go after investors figure out we're better off now than we were last week.
And there's a little rumour starting to brew as well, but I leave that for others to report. If I read it here then I'll know it must be true.