You forgot to mention... They ain't generating enough revenues to cover operating cost?? Let alone service all that debt?? The only reason Drys ain't already in BK.. They haven't sold off all that Orig stk!!! With that 9.2B shrs they just pledged toward debt.. Drys ownership is already down to about 51%.. BTW: A little over 2 yrs ago.. Drys owned 100% of Orig!!! I figure within the next yr or so.. Drys will have sold off all of Orig, to pay for all those newbuilds they ordered!!! Guess what!! Those newbuilds ain't going to do anything, but add to existing glut... If you read that last earnings report.. Drys already have some of existing bulkers in drydock!!! Thats to say: They got bulkers in drydock, hocked up to the hilt!! That ain't generating one penny in revenues and they are having to pay the cost of drydocking them!!!