The IBEX convertible notes make for some serious opinions as to what will happen with conversions. I have pondered mine over and over again and there is no doubt this can be seen as a bad OR good thing. With such a low stock price and what most of us believe, very effective products with immense potential, they are a prime candidate for a hostile takeover. Don't fool yourself into believing that the very low stock price we are seeing now is not the doings of one interested in such. Being on the pinkies with little regulation, it would not be hard for one with firepower to suppress the stock for accumulation. If IBEX (family) controls 51%, they can make that impossible. I think it is obvious what the negative would be for the rest of the stockholders. My question is this: Are the authorized shares that are available now, and the reason they were recently increased, for supplying the family's conversion of notes? That must be where they will get their conversion from, correct? If so, when all is said and done, the 'family' is in total power and control of our investment. Not a surprise to me at all since I always felt that we will profit from our investments ONLY when the 'family' (our CEO) allows us to. That is why I laugh at this being a publicly traded corporation. Really? More like a sole proprietorship.
