20% interest pa and free options to boot... a great deal for Phil methinks. He also knows he'll be able to retrieve the money in full plus interest once the company receives the $20 mil from Ed.
The company states in black and white the money will be used to pay wages owed to employees (including MA). The money isn't going to shareholders, so I'm not sure why they should be happy.
AXM Price at posting:
20.0¢ Sentiment: Sell Disclosure: Not Held