I did elect to receive 50% of mine in shares and according to the email from E. Sergeant to johnnyiwantsome ( post provided by Catz) { For the TPS, 3,729,658.260 shares provided releases and will receive 73,849,406 shares or 19.80058 new shares per old share. This share count is after giving effect to the mandatory exchange} http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73851131 This is the information for the P’s { For Series R, 2,906,421 shares provided releases and will receive 57,548,829 or 19.8005825 new shares per old share.} I can see your confusion and I forgive you. eom Re-read your own post and the link. You are obviously the one who is confused. The entire Board forgives you. imo