Don Corleone, even if Mt Kellett do have the right to take up stock on the cheap and dilute the SP even more then what do you think they will want to happen after that event. They will want the price to go up right? Just take a look who is behind Mt Kellett, in particular a chap called Mark McGoldrick. This guy used to bring in 40% of Goldman Sachs entire profit in the mid-2000's and turned down a salary of US $70 million in 2007(way more than the CEO) as he felt he was underpaid. He started Mt Kellet not long after and he's probably smarter than all HC posters put together (no offense). I would prefer him to be a shareholder actually, the price might go up for a change.
over and out - mount kellet down spiral?, page-12
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