As much as I hate to agree with you jax you are correct. The new share structure is laid out in the POR. [IMG]http://i1096.photobucket.com/albums/g332/6dalbert/QSGIQThirdAmendedChapter11PlanofReorganization2-1-11.jpg[/IMG] All though that doesn't mean that issuing new shares for another division of QSGI can not increase shareholders value.