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Post# of 270437
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Dspetry

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Dspetry

Re: XV19 post# 59676

Friday, 03/25/2005 3:43:37 PM

Friday, March 25, 2005 3:43:37 PM

Post# of 270437
So let me get this straight <JRIV>, because i'm really not that smart....

He can convert the preferred to 960,000,000 common? Is there a time frame for this?

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001140361%2D05%2D002306%2Etxt&FilePath...

5. Number of Derivative Securities Acquired (A) or Disposed of (D)(Instr. 3, 4, and 5)20,000

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 960,000

Converted 20,000 shares of Series A preferred stock into 20,000,000 shares of common stock on February 1, 2005 on a post-split basis.

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