Doctor: At AEGY, insiders/lenders made out like bandits. There was a mountain of conversions into common stock months before the suspension. Four separate notes converted to 274.3 million shares of AEGY per note. The remaining mountain of convertible debt would hardly entice suitors.
AEGY April 30, 2014 10-Q
And good for a chuckle or two is this closing section of the 10-Q.