For me that is the most galling part. To have the nerve to convert their shares to promissory notes at .0325/share. Unbelievable the nerve and outright thievery by those involved. A $9.75 post split price.
Then you call IR. To speak to the supporter of this thievery. You let him talk his BS about the recapitalization. The futures prospects of the company. You let him spew all his crap. Then you ask him one question. If the prospects of the company are so good why did the insiders all convert their shares to promissory notes? Why didn't they just hold their common and go through the split like the rest of us. Show your shareholders how much confidence you have in the company and stock. The answer you get...... Ummm, ummmm, ummmm.... Oh you read that.
Where are the Damn Handcuffs!