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Re: buyondips1 post# 2271

Sunday, 05/07/2006 8:17:40 AM

Sunday, May 07, 2006 8:17:40 AM

Post# of 5941
Am I correct to say that we have reduced the amount of out standing shares from Shares Out: 4.95B to 1.2,000,000 billon

The Series D Preferred shares may be converted by the holder into common stock. The conversion ratio is such that the full 1,000,000 shares will convert into common shares representing 80% of the Inseq common shares outstanding after the conversion.

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