The issued 85 million dollar worth of notes, with the option for an additional 15 million dollars. Yesterday they told us they would use the proceeds to buy back the other convertibles. Now it turns out they will only do it IF they can "repurchase such notes on satisfactory
terms" otherwise they "may use such proceeds for general corporate purposes."

We might end getting washed up for absolutely nothing. If the stock doesn't fall much more tomorrow im selling. I'll only be back if they repurchase the other convertibles. This is absolutely outrageous.