Right, not to mention that phase 3-6 months ago where they were supposedly injecting several rapid (a few times a week) multi-hundred million dollar issuances. That's the kind of thing that raises red flags. "Hey, Mr Banker, here's $200M USD", three days later, "Hey, I have another $150M for you", and a few days after that, "Another $150M. Business is go-ooo-d!".