Niz..sorry for the late response. I haven't been on iHub for a few days.
As to the volume....it appears that they are getting some of those debentures converted before the R/S. Who is buying (and why???).....is anyone's guess. The 10Q should be out within two weeks....that should give us an indication of how many shares they've issued since the 10K.
I still don't see how they can convert another 20 billion shares before the end of May. My opinion is that they will have to exhaust some of the remaining cd's/oid's after the R/S.
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