The road to hell is paved with good intentions.  Is it possible that nobody wants to buy equity in this company anymore so the co is selling debt instead?  Actually, I said "selling debt instead" but they haven't done anything yet.... at this point they are only intending on doing it.  Be careful, the most of the posters on this board will use every excuse in the book to justify the stock price.... but from my experience... their excuses never turn out to be reasons.  This is a high risk investment... buyer beware.