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Good for you for buying at 29 cents. You are, however, missing my point. I find it repugnant that GHE would cave into the owners of the private placement, and even worse that they would re-write the price of the stock options to their staff, while many regular shareholders are stuck at higher prices. As regular readers of this thread know, I have bought and sold GHE twice before, at a substantial profit, and can afford to see it go to zero. My point is a philosophical, ethical one. Again, why no rights offering to allow existing shareholders to benefit by buying cheap stock with future warrants, and therefore protect their positions. The end result would have been the same, cash in the bank. Regards. |
