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Jack Kanter

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Jack Kanter

Re: Gbathat post# 8112

Thursday, 10/09/2008 1:19:04 PM

Thursday, October 09, 2008 1:19:04 PM

Post# of 16405
Gbathat,

"If the pps is lower than .00125 after three months, you could increase the number of common shares you own"

I think that's it in a nutshell. If the sp is lower than .00125 when you convert your preferred back to common, you end up with more shares than you had originally. If the sp is higher, you end up with less. If you go by the company's examples of .50, or even .05, you'd be kicking yourself till the day you die for taking them up on their offer.

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