Flotek Inds (FTK)

[rdsd]

Per slides from todays presentation, FTK has $24 mil. cash on hand as of 10/26/12

So, cash on hand + credit facility of $35 mil is enough to take out all remaining Senior Secured Convertable Notes (there are approx. $55 mil. left)

At that point, I think around 3,000,000 +/- shares that were lent out to a, hedge fund / PE fund, need to be returned

will keep my eye on short numbers changing by end of year