It all depends on where those shares were converted at. But if we have had that much, then yes, I would agree that it would be much more than I mentioned. Maybe half of that $2.9 million is gone. Fingers crossed.
Again we will know in just a few days. Annual Report news out this week. Start getting your questions ready for the conference call. Now is the time to ask them the questions you all want to know.
3. Redemption.
3.1. Conversion Price. Subject to the adjustments set forth herein, the conversion price for each Conversion (as defined below) shall be calculated pursuant to the following formula: the Conversion Factor multiplied by the average of the two (2) lowest Closing Trade Prices during the twenty (20) Trading Days immediately preceding the applicable Conversion (the "Conversion Price”).
"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine