Ann: Prospectus for Non-Renouceable Rights Issue , page-8

re: Ann: Prospectus for Non-Renouceable Right... IMO the company should have put this rights issue out at the same time as they announced the deal with CRM not two days later. Surely they would have known they were going to do the rights issue on the 8/9. then when the s/p was around $1.20 the options would have looked extremely attractive and i would wager it would have put a floor on the s/p irrelevant as to what action some say these insiders have taken.
if it falls below $1 again im going to buy some more especially if we have a down day on the market. not sure about taking up the rights issues but pretty sure the price will go up leading up to the ex-date.