RE: RE: RE: RE: RE: how would a refinancing work? I also believe that issuing common shares or any sort of equity would be a terrible idea and would in fact represent a default on their equity obligations.
I can think of no concept more foolish than to encourage this company to sell stock at a low price when they are effectively undercapitalized... if I become CEO i will refinance as soon as possible and would buy back stock as long as the price remains this low. to issue new stock is an idea coming from someone who does not understand how to run a company for the benefit of shareholders.