True, they will be buying on the open market and that is certain to drive the price up. I wonder what the average is that the new partners plan on paying over the next 6 months or so?
"Phoenix shareholders are hereby reminded that they will have a value of $.06 placed on each share of common stock they submit for conversion by August 10, 2007."
Why $.06? Hmmmm....
If this is all true (and I'd say 50% of it might be true), there might be some method to the PBLS madness over the last 12 months.
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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