I wouldn't say it is all MM's brother. Have you read the last 10q? I did before jumping in, but the numbers for the wagering should be high enough that they should be earning enough to at least pay portions of conversion notes. However, it seems they aren't. They have been awash in convertibles for some time now. I also anticipated that the amount of volume already pushed through the stock would have been high enough for the notes to have been honored fully. Their conversion factors being as horrendous as they are, though, it appears that they may not have been. When the CD holders get a rate at 50% of the period's averaging, then they can burn off all they want down to at least 10% above that and be happy. It still earns them money. There isn't a whole lot of naked shorting occurring anymore here. Nothing left to cover, almost guaranteed. So this is the company and the management's own fault. The BKMM, BMAK, and VFIN appearances have been both dilution and utilization of offshore platforms. It hasn't been pretty, but I am hoping those numbers of the virtual horse racing and online casinos show up well in their 10q. That is the main reason I am here still. The prior management team, without the new addition has not made very sound decisions or deals. They should have their 10q out by the 15th, to maintain their Pink Current status, though. I also am wondering if they made another deal for additions to the gaming portfolio, or if they will be releasing notifications of complete payoffs of multiple notes, that I expect after such large amounts of volume. Don't put it all on MM trading practice though. It isn't always them - especially in this case.
