Industry Source Consulting Inc (INSO)

[justhefax]

Gator and ID....

just some oither perspective of prefeered and dilution...

They don't just become due and all hit the market as free trading. It is up to the shareholder after the necessary holding period to notify the company that they want to convert a portion of their shares. They can only convert up to 10% of the current "issued/outstanding or they become an affiliate.

Per a communication with MM

Vega did not increase the authorized to accommodate preferred holders. We did it to give us room to complete deals that we are working on. The company is NOT diluting and selling into the market.

I am as unhappy as everyone...a big holder in both V's....and have been very aggressive in asking for updates and clarifcations...But I do not think they are diluting to stand on place or scam holders.

I do hold open the possibility that this last long stretch with no news by either co may have to do with some things being worked...and certainly for my part will hold through.

Thats said I am WAY out of the money...so the only way for me is to trust the team is actually working this and hang on.