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Re: combos post# 186465

Thursday, 01/04/2007 11:37:41 AM

Thursday, January 04, 2007 11:37:41 AM

Post# of 315345
1B X .20(bkmp) = 200,000,000.00 / 13.6B(o/s) = $.0147 pps

If it stays alive for another year, you might see it. Seriously he should come clean on increasing your share interest in BOM.

I think he threw all those preferreds out there to slow the stock and reduce the pps. Before he is ready to reorganize, he will significantly r/s the preferreds. The commons will be of signifactly lower value compared to the preferreds, this is one way to favor your longs. The commons will for all practical purposes die out, imo.