Actually a whole lot of people have posted about a
Post# of 148158
I went back and checked your first posts here, some three years ago. (This is your second one, though it claimed to be the first.) Man, it sounds familiar. You've been sounding the same all-is-lost note for years.
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My hunch (fear) is that this is a last ditch hail Mary. They can't get enough participation via Paulson investors, so are trying to go direct. The idea that they only "need a little bit more", so are using this as a strategy to avoid dilution, is laughable. My strong guess is that they are fighting off creditors and nearing BK, while desperately trying to close a financing deal. The debt-holder will end up winning.