CableClix USA Inc (CCLX)

[tedpeele]

Re the convertible debt, my limited understanding about when a company is looking to raise money for expansion - as CCLX has very big plans to expand across the nation - is that there is a target for a certain share structure to exist. Too few shares in the float limits their ability to grow properly. Too many hurts us with dilution. Retaining the convertible debt until the expansion plans are finalized is a smart idea - it gives the company options. Retire it now and you may be causing self damage. So, there very well could be a smart reason for keeping the issue open at the moment.

As before my intention is to just keep an eye on it and on the company's communication with regard to financing plans moving forward.

I think they are in this for the business and not as some kind of short term stock game. I believe they are credible and are on the verge of doing the incredible.

Best to all.