unfortunately hottin the issuing of billions of shares is their magic solution to the problem.
they will magically pay the debt by diluting the old owners.
debtors will be happy - they get paid
quintana happy - they get their metals.
management happy - they keep getting paid
old share holders - don't matter, they are insignificant holders now via dilution
People voted them the ability to do this, this is the result of that decision.
It is a very effective business model, with little chance of repercussions.
Will be interesting to see what happens with the notes next year, they might be lucky.
KBL Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
