Rim Semiconductor Company (fka RSMI)

[WHP03]

"The real damage from dilution will come from the floorless convertible debentures. Whereas the warrants are primarily window-dressing, the floorless debentures are the "meat and potatoes" of the financing deal. They *will* be converted, and they will be converted at the current share price at the time of conversion in "death spiral" fashion. There is literally no limit to the amount of dilution and share price decrease that will be caused by those toxic debentures."

Spoke - that's "our" management team working on our behalf to build shareholder value, above all other (more selfish) goals... right? Yeah, right! I've yet to see NVI's mgt team EVER do ANYTHING that was intended to build shareholder value, let alone actually build shareholder value. Their actions in my opinion are entirely selfishly motivated.

B