Sunday, June 07, 2009 8:23:10 AM
cbt.. I am sure now that I brought the 46 million share conversion of the Series A stock to your attention. "Those of us who actually have money in this will definitely keep an eye out." I wonder who the people are that own the shares, and why would anyone keep 46 million shares of one pink sheet company? They now have many more shares than the CEO.
How can we be certain it hasn't already taken place? The quarterly report has already notified us by saying:
"The conversion of the Series A shares will have the effect of diluting all other common stock shareholders. As of March 31, 2009, the Series A shares were convertible into approximately 46 million shares of common stock."
How can we be certain it hasn't already taken place? The quarterly report has already notified us by saying:
"The conversion of the Series A shares will have the effect of diluting all other common stock shareholders. As of March 31, 2009, the Series A shares were convertible into approximately 46 million shares of common stock."
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