Quote:
Originally Posted by bizaro86
It's just a flesh wound.
The whole firm isn't bankrupt, just the Canadian subsidiary. They did a huge death spiral convertible capital raise recently that will keep them going a little while longer.
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Which was panned by investors. I haven’t followed the saga that close, but the investors enacted them to restructure and get things sorted, but they found a way to get a pile of cash instead. The stock chart is amusing with the spike and subsequent crash.