....or get financing and cement a deal and double
Post# of 43064
Quote:
....or get financing and cement a deal and double the share count? Or even more than double
IMO - if that option was even available, the discount usually given to lenders of last resort in equity-based financing would effectively destroy any chance of existing shareholders to recover their money.
Not that things aren't dim now - but IMO management (so far) has done the right thing by avoiding that.