Gib Cap Group Inc (GIBX)

[ancalagon]

I would think that Cornell / Highgate would be about thru, if they're selling. In the Q it tells you that if all the converts were exercised about 213 million shares would be issued. These presumably would be sold by the two convert holders. So, in terms of the convert holders there may be some light at the end of the tunnel.

Unfortunately, we don't know how selling breaks down between them and mgt. That's why an update would be nice.

Also one poster said this moved w/o news...not true...the Q was released in which many mistakenly thought the converts were done. Don't think this is the case but they may be getting done.