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Anvil

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Anvil

Re: aharfo56 post# 7784

Thursday, 07/24/2008 6:03:40 PM

Thursday, July 24, 2008 6:03:40 PM

Post# of 22460
Looks like alot the converts converted, and I agree with Pedro, that is why there is such downward pressure on the stock. Per the last 10Q, if all coverts converted, the os would exceed the AS. So I am guessing the AS will be raised as I think fully diluted is about 1 billion shares.

I dont think the conversions represent any new funds, just debt retirement. Will have to look closely at trading over the next two weeks.
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