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Re: sevenOdouble post# 21411

Monday, 06/11/2012 11:37:52 AM

Monday, June 11, 2012 11:37:52 AM

Post# of 90375
Probably?? People should invest in WAFR based on "probably?"

1) Preferred shares generally convert at 1:2 or 1:3, do they not? 190,000,000 shares (i.e., just the "new" "Free Trading Shares" this year, nevermind the whole 735M!!) would require a conversion ratio of 1:1086 to convert the 175,000 preferred shares on the same filing!

2) I could be wrong, but aren't the AGS shares to be issued from the OS, not from some mysterious lot named "Free Trading Shares?"

Maria