You're right about the risks and rewards in pinky land. And, I hate to interrupt your basket ball game, but the 45% discount is of some importance. The notes being converted were held by Rob and the company is paying a large price in shares to convert them. It's roughly a 17.92% (150,000,000 shares) increase in the outstanding shares. Ask yourself if you were a member of the board if you would have approved it. Does it benefit the company and shareholders or does it benefit Rob alone. It certainly has the appearance of conflicting interests which have hurt shareholder value. When I see an officer of a company selling shares or withdrawing capital, I, for one,start to worry. \V/_