Please help ....
Can you tell me whose made the decision to accept that " Watsa proposal to raise $1-billion from the sale of convertible debt to Fairfax and other investors "
is it BOD ? or out of the door CEO or ????
BB has 3B+ cash plus 1B LoC why BB accepted that f... offer ? It smell very fishy !!!
Yes, they expect a cash burning period in next 6Q.'s why don't they try to stop it sooner by getting new marking heads whose know how to sell the product instead of keeping that bouben guy with no result.
JMO.