Only few days to go, we will have more clear picture of Isoft....

Only few days to go, we will have more clear picture of Isoft. Even though I only hold small amount, I'd like to know con and pro.

By re reading new equity ann, in short term, we were suffering from YA dumped share which they got @ 0.145, however, the positive side is in long term, the next 5 years, Isoft have $30 mil flexible equity which should give them room to enhance the cash flow. Therefore, I am happy to be long term SH, IMO.


"Under the terms of the facility, iSOFT may, at its discretion, issue shares to YA Global at any time over the next 60 months, up to a total of $30 million. iSOFT may draw down these in tranches of up to $2.5 million, although this may be varied by agreement with YA Global."

Cheers and GL.