Anticipated pps (without the Ecowood deal) CSHD 8K/A: 798.5M in net assets ---> book value = $7.19 per share (assume 111M OS). Previously announced reset: $15 (=2.09 x book value) Revised book value in progress: 8.75B in assets (assume all bonds are assets) ---> book value=$78.82 per share Anticipated reset or possible pps: $164.73 (@ 2.09 x) This is the board calculation. For anyone who can not support the above: please intelligent replies only with supported facts where applicable.