Ann: Entitlement Offer Update, page-14

I see it as a positive for one's who participated in the rights. March QTR is going to be very unpleasant in mho and by having the underwriters now invested to the hill may prevent the SP going down even further post QTRly from retail kicking and screaming and creating a stampede. This will be more stable with the the cast of thousands gone. Will have to wait and see now with QTRly.
As price has hovered around 1.5cents and 1.4 at times on extremely low volume I did not participate and will wait to see what happens post QTRly.