News Focus
News Focus
Followers 2
Posts 627
Boards Moderated 0
Alias Born 08/02/2007

Re: Ace Magoo post# 78568

Thursday, 10/25/2007 1:13:37 AM

Thursday, October 25, 2007 1:13:37 AM

Post# of 250260
I think the 360million number is correct. The 8K says that series B is convertible to 80% of the OS. That does convertible to 80% of the current OS, not that it should equal 80% of the OS after it is converted.

At least that is how I read it.

Considering Tom owns 100% of series B, I think it is just a safety measure in case of some type of takeover. It would be nice to have a PR to explain some of the details in the 8K though.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y