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Re: niz post# 388

Friday, 05/06/2005 12:05:28 AM

Friday, May 06, 2005 12:05:28 AM

Post# of 477
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.

I suppose we shall see soon enough.

Good luck.


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