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Re: ~ TRT ~ post# 206098

Monday, 11/03/2008 12:20:46 PM

Monday, November 03, 2008 12:20:46 PM

Post# of 246683
Very true. And I believe the reworked CD's state that draws are limited to the average volume of the 25 (or some number close) trading days preceding. So my guess is that it would be quite some time before the next R/S - giving TS options to figure out how to resolve the indebtedness before then. Secondary financing would only be available should the business proof to be profitable. As of yet, that remains to be seen, but quarterly is due out soon, and it will be interesting to see how cost cutting measures / transitions / sales are faring.

Expectation was that shares would run to 7-8Billion on .0004 share price (for those that were actually converting CD's). Obviously, that would be more now with deflated price, but seems like a waste of time to track the o/s share count when you know this is what is happening. Every increase in shares is made to be some type of stunning revelation.

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill