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starfire

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starfire

Re: ScovilleUnits post# 767

Tuesday, 08/23/2005 11:05:22 PM

Tuesday, August 23, 2005 11:05:22 PM

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Scovillez, this befuddled me!! One has to assume that all of them cannot be at 9.9% at the same time. As a matter of fact only a handful. So do the math on a timeline with handful at 9.9% and the other lesss than 9.9%, converting in a staged manner. As the conversions happen O/S increases and hence the ownership percentage changes! Start with Day 1, Day 2......etc.
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