I am not saying it is too much, I am saying that I don't think that they have $54 million in cash to do it. (Assuming 200 million outstanding shares). I have no idea how many shares are outstanding and I also don't know how many are short and this is where this is going to get interesting, imo. What the company says SHOULD be outstanding and what actually ends up being outstanding.....then what? Does the SEC then do it's job and force the difference to pay up? This is the first time that I have seen a company get this far in trying to get the shorts to pay the piper. I'm hoping they succeed.
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