Ah thank you for the information. Although we may have lost some of the revenues anticipated for the quarterly, I think resolving some of the debt will be huge. "Mr. Cowan added, "I am also very pleased to report that we are currently converting most of the company's debt into common equity. Adding revenues, eliminating debt, and clarifying the company's financial structure should help provide a higher per share price and valuation for the company. As a result of the debt conversions, the acquisition, and corporate expansions there are currently 65,570,574 shares outstanding and management expects to retire most of its debt by the end of June thereby eliminating a major source of risk. These developments should allow some of the larger funds and fund managers to invest substantially more in the company because of the reflection of our greater financial strength." May 24, 2010.
I also wonder what will be done with the millions of shares that were to be used for MPM and Rockbrook inc. More acquisitions incoming? I do like how the O/S has not changed since this PR as well.
