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Re: Nooneother post# 83965

Wednesday, 06/13/2012 11:35:06 PM

Wednesday, June 13, 2012 11:35:06 PM

Post# of 98509
Interesting how the impact of the conversion ratio changed significantly with the R/S. With 5.2 billion shares out, 400 million (converting 1 million preferred shares for 400 common shares), amounted to about 8% of the company. Now with 36 million common shares, the preferreds are over 90% of the company - unless when Mark said that ALL shares would be modified, it included the preferred shares.

It wasn't an issue before simply because of that change.

Sunnybank - can't PM you back but see posts 82010 and 82011 by you and jojo.