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Post# of 79921
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IndyDude

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IndyDude

Re: Shizoku post# 48568

Thursday, 08/09/2007 4:38:10 PM

Thursday, August 09, 2007 4:38:10 PM

Post# of 79921
Basically PBLS management has sweetened the Preferred share conversion deal.. Instead of 167 common equal 1 preferred, it is now 125 = 1. Hooking up the new partners??


Does anyone know what happens to the common after the conversion? From Rens recent calls to the TA, I see the OS going down. Did the company ever say that the common shares would be retired? Good news if that is happening.



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