VirnetX Holding Corporation

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  • We are currently testing fixes to the following bugs: Ignores, Inbox Folder Access, Hide Replies, View Thread & a few others. It's taking a little longer than we had hoped, but we expect to push out corrected code this Friday night. We apologize for the delay & appreciate your continued patience. Stay tuned for further updates.

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Msg  25852 of 45525  at  7/31/2012 4:39:17 PM  by

littlefo


 In response to msg 25849 by  dndn_investor
ignore topicview thread,  thread start

Re: Dummy question: Can't KL sell some stock and get rid off the line of credit?

KL Could sell some stock to pay off the credit line.

But IMO and as he said, the value is 90% unrealized at this time, so he probably will wait till it is more fairly valued and then sell much less to pay off the credit line.

Also he has integrity and leadership and probably wants to continue to support the shareholders. He knows if he sells, the market makers will use that as a negative sign and try to continue to drive the price down, so he elected this path.

I for one thank him for that!!!

Cheers
Jim


 
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