I had also previously thought that a R/S made sense and advocated for it but Thunders option seems to be better for all involved. The reason that I had previously thought that a R/S made the most sense is that I also thought we needed to get down to 100-200 million. After looking at Thunders response, 800-900Million shares OS after doing the prefer share swap looks like a better solution for the shareholders. Between doing this and a potential buy back, management could really build a ton of value in the share price and not suffer the stigma of having done a R/S which always seems to invite bad press and hatred. 800-900 million shares does seem to be a float supportable for a large company in this sector.