TGIF lives to fight another day!?Now that the $2.5ish million Convert Holders have taken the short term pressure off, allowing Mr Rosen a bit more time to turn things around, it will be interesting to watch how long suffering shareholders react.
Hopefully, next earnings report due later this month will inspire enough speculative optimism to allow management some creative inspiration to attract further needed investment ( likely necessitating a share rollup etc.).
After financials have been announced, it will also be interesting to see which option management will choose to reimburse the Convert holders: the all stock at 2 cents per share plus 5 cent warrants or an extension of the old converts into new 3 year 10% Convertible Debs , convertible into 5 cent shares plus 5 cent warrants.
Hope were all still around to see the results!