RE:Cash them in then.Woulda, coulda, shoulda!
The fact is that in May we were told that the Convertibles would be redeemed this Sept. The fact that by July 9 the company is abruptly reversing this decision and calling for the delisting and extending the convertible maturity by a year to the detriment of any holders that looked to the company to keep its word has no relevance to historical opportunities.
Not even sure that if one sent Debs in to convert into shares when the price spiked up, that there would have been time to get the shares and sell them prior to price retreating back. It was a pretty short lived rally, and it took over a week to execute the conversion on the one time I did convert a small number of Debentures.
I have not yet had any success getting the company to discuss concerns.
I would be very happy to hear from any other Debenture Holders, to see if any will be voting against the proposed delisting as am I. I'm not sure how the voting process is managed and scrutinized,
but there certainly hasn't been a lot of discussion that I have seen.
Sorry to be such a pain on this subject, just hate to be jerked around
by questionable management decisions.