Tuesday, September 09, 2008 4:42:16 PM
correct insofar as the amount of shares converted will be obscene.....
and, correct insofar as Tom has no intention of re-paying, reducing, or refinancing any of them....if he did he would have done it already.....
but, the company is strictly set up as a quasi-private company which traded off a few per cent in ownership in exchange for having the public pay off the debt...
it's there, right in front of you, chunky, you are looking at it....but, you refuse to believe what you are seeing...
Clue: Tom is a politician, not a saint...Tom has a plan, it's just not the plan you want it to be...
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