I have to agree they may not have gotten in just to break even but the reason they got in and the reason they are still there now may be very different. Their current holding may be way greater than ever planned due to cr's and trying to avoid massive dilution when things still appeared to be going well. I cant decide if lion has some solid information or is just massively optimistic due to not having been involved in the early years.
To me maybe the best thing about current changes in board is the departures have always been there when hope has turned to dissapointment through the previous deals. Either the rats are leaving the sinking ship or maybe we will see some improved negotiation results coming up.
PYC Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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