So, they are not going to "screw" the old bondholders by cancelling the shares they just issued them ? Not a good idea. That point is HUGE. If we needed an ally we sure would have one in those shareholders. I remember now, I think they did that twice with bonds due in 2010 and then 2012? Which left them with virtually no debt. It seems like this story is getting better and better. I also read something today in an old S&P report that portends for a better 2010 for airlines that also included discount regionals. I just bought another 40K shares today. I got up late and got around to putting in an order at 3:30pm off the bid ar .0675 just out of curiosity because the offer was .068 and suprisingly got filled. I will buy more in the next couple of weeks if it dosent run to much and I sell some other Q shares. My motto today is no new money in Q shares. That could change tomorrow. Anyhow thanks for the post. Matt