The bond holders have nothing to do with this amendment. It's just the banks b cause they would have a default first. The bonds give them more time. I still think the fee to the banks isn't that much.
Your math is terrible. It's just the bank debt that is getting amended, not all debt. Also, .05% is 5 basis points. The actual cost is more like $1 million. Cheap insurance.
They are already hedged from the convertible debt issue. You don't understand how toxic that financing was to share price and shareholder base.
Didn't moving a dime of earnings up a quarter prove that! It's not like anyone can actually track the sale of controlled substances to prove this isn't a fraud, right? And the CEO coming back doesn't mean the BOD is confident that this is all BS, it's just that the company is so small and poor that they can't afford a new CEO. And they have no drug pipeline or distribution strategies that could change anything, right?