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Re: TEX post# 42

Sunday, 11/11/2007 1:46:00 AM

Sunday, November 11, 2007 1:46:00 AM

Post# of 156
Thanks Tex. So the big question is, if you give me $5000 you can wait to convert your shares until the price is low enough for you to pick up alot of shares right?

Let's say my shares are worth $1.25 but I sell them to you for a dollar, do you want to sell right away and just pick up your 5000 shares? Or do you wait until it drops to a dime, and convert into 50,000 shares?

Is the debinture "system" automatically bad for the PPS? Or is there a way that it works out ok for shareholders?

Because as I look through the filings, there are alot of companies that have these debentures.





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