Big Tree Group Inc (BIGG)

[dizzydon]

What does "pay off all outstanding debt" mean?

If they had 5 million of current and 6 million total debt (as of 9/30/06) how can they pay off all outstanding debt "as well as drastically increasing our cash position"

I guess it does mean that Cornell won't be converting the 1.6 million (presently in the form of the preferred stock??) into 25 million shares of common stock

Maybe the stock could do a nice slow burn up towards 20 cents now??