RE:Reduce debt by equity offeringTrue, but who will buy the equity??? It's virtually all in retail hands. The remaining funds headed for the hills after Q1 results. And who in their right minds will give equity to Pathetic. He has destroyed the company - last equity raise has been a disaster for shareholders that bought. Unfortunately, more likely is a debt restructuring where equity gets totally or virtually wiped out. It is a disgrace that the board is allowing this to play out, especially after AGM vote.