BLKOA - Request for Expiration Date Extension, page-37

hey guys I didn't buy options. but here are the facts.
BLK needs money now, not in 6 months or a year. they are refinancing to save money on ST debt. management would have loved to do it with options but everyone knows that's not going to happen.

if they start producing more for less, they become profitable, reduce debt and SP goes up. if BLK have 2 or 3 consistent quarters after this sept quarter blowout. then the SP might be at 11 or 12c. Brokers and instos start to take notice at the turnaround and they CR at 11c instead of 8c.