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Monday, June 30, 2008 4:28:08 PM
I still don't think YA is the one converting. I think they are in this as some type of partner arrangement with Tom. Perhaps it's a deal Tom made for taking on the "legacy debt" we all dreaded so much. And, such an inside deal is not something you could necessarily spell out in a filing or pr.
Keep churning the shares to pay off the CD, and allow the Company time to move into profitable status in future. As Tom stated, profitability of company will allow for share restructuring.
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill
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