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Alias Born 03/19/2005

Re: None

Wednesday, 05/09/2007 11:38:34 AM

Wednesday, May 09, 2007 11:38:34 AM

Post# of 79921
"...42,252,225 shares of its common stock have been presented to Phoenix for conversion under this program."

Divide that by 167 and you have 253,007 preferred exchanged. A little less than the 62.5 million they had envisioned as being converted. Not many are biting. Either this thing is going to tank or it's going to explode upwards. I'm hoping the latter.

Bob

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