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travel489

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travel489

Re: JimsZ post# 194643

Tuesday, 07/29/2008 2:17:37 PM

Tuesday, July 29, 2008 2:17:37 PM

Post# of 245854
For the sake of the conversation, if CS converted $5mm of preferreds to $5m of commons and the stock moved down 50%, then wouldn't he also be down 50% AND, the big AND, he would no longer have an asset backed by his original hard assets...the ones he brought into SWVC atthe time of the acquisition of NCH.

Personally, I don'tt hink he...or any advisors he has...would be that silly / dumb to make such a move.
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