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Re: None

Monday, 07/21/2008 11:58:04 AM

Monday, July 21, 2008 11:58:04 AM

Post# of 32583
Thoughts.. CD conversion: I'm wondering if anyone has a thought on the amount of conversion that will occur immediately? With them going with such a large number of AS, do you think it's because they issued bonds or CD's that are immediately convertable? They had to have 150% of what was issued available, would that not take the float to 750m? (or even 1billion)(potentially)? Just trying to rationalize why they went so high on authorized shares. 1.5billion shares is a scary number.

Good luck.