yes, and all the CD holders are restricted to a certain % of the OS, so there's no way they could all start converting en masse. what's really interesting to me is this: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79168506 many of us mistakenly thought the share grants to mason, when they hit the OS, were blocks of dilution. that was not the case! even when debt holders could have been converting, they were not converting. why is that?