Breathing RoomCount me surprised that the lender was willing to take shares in exchange for what they were owed. Also that they took shares at a premium to the share price and not granted warrents or other sweetners in the deal. That is great news for Fortune, but surprising, none the less.
Possibly this foreshadows that a sale is imminent, possibly at some 60-100% premium to what the lenders received their shares at. It is hard to imagine them giving up their secured loan for common shares that are worthless in a bankruptcy, without some assurance that a deal is imminent.
Might be a good time to get in, since the lenders obviously know a lot more then we do....