at 45 cents each. About 370 million of them to be added to the current 130 million.What happens when those folks get the additional shares and the share price is above 45 cents?Take a good guess. Wonder how the offer looked to the bond holders at last week's share price of $1.50?
Moron..it is a proposed transaction that will not get approved. Think of it as the Obama Health care bill.
or check out NCS to see what happens