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Re: BonelessCat post# 1111

Tuesday, 10/30/2007 10:57:13 PM

Tuesday, October 30, 2007 10:57:13 PM

Post# of 49066
Thanks! If I read it right, they could theoretically convert and sell up to about 900,000 shares a day (5% of the OS), until paid off. Which at .05 a share comes to about 300 million shares they can sell in total ($15 million loan). It would be impossible to do that with the volume this stock gets, but I said theoretically.

Does that add up right?

TIA

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