RE:Stuck in the bargain bin @ $0.96 What's your take on the cancellation of the debt facilities? Doesn't make sense that they'd cancel these if they don't need to access the facilities... arguably they haven't needed the facilities for a LONG TIME (as they sit on cash with an inefficient capital structure).
Also.. why is there absolutely NO INSIDER buying!
In addition... they just had a Board Member leave with NO COMMENTS regarding finding a replacement.
What is the one explanation for the above?... A transaction is in the works? (insiders blacked out.. no need for debt agreements (and GSAs).. no need to replace the Board).
Perhaps Audrey is finally realizing this Company has significantly more potential without her at the helm...