FYI - I'd share the articles but they are all subscriber only - there's some coverage in the financial sector recently, basically adding up to TRR carrying over $450M of convertible debt, which is THREE TIMES the market cap of the company. It's longer-term debt over the next five years, but it really does not bode well for this business.
TL;DR: They owe three times what they are worth and if even a chunk of this debt were called in, the company would be in worse shape than it already is.
TL;DR: They owe three times what they are worth and if even a chunk of this debt were called in, the company would be in worse shape than it already is.