RE:Numbers of shares will double.Dilution is the big issue here. I too anticipate a redoubling of shares outstanding at an absolute minimum and would expect analysts to alter their TPs accordingly. The conversion rate of TV debt to equity and the new share issue of $50-70M will be done at market prices and I suspect that this price will be closer to the warrant price of 15 cents that TV received wrt the latest tranche financing than yesterday’s close.
clearly this is unsettling but it is much better than the alternative which is bankruptcy.