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Wednesday, May 23, 2007 10:01:46 AM
Secondly....if the increased estimate were the result of conversion of preferred (BKMPP) shares to restricted common shares of BKMP then there would be no increase in the Float!
Sorry, until I see the numbers in print on this issue....SW lied to the shareholders and diluted the crap out our interests! That tied with the fact that SW has a HUGE history of doing just that in ALL his previous endeavors....
Did the leopard change his spots....guessing not!
Either way you look at it, the OS and Float now greatly exceed either the 12.2 Billion that you cite as of March or the 13.6 Billion prior to the supposed buy-back of shares.....
So, if one buys shares back and then sells those and then some....has a buy-back occurred?? Clearly not in effect!
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