VHGI Holdings Inc fka VHGI

[stedman]

Absolutely there has been dilution of the shares. NOT by Risinger but by one maybe two of three of the debenture holders. The first debenture holder is the one who is responsible for taking the PPS down to under .01 - he is now gone.
For those that got super cheap share you can thank him.

IMHO opinion it looks like the last two weeks we had another debenture guy converting some shares. How many shares total outstanding? My guess is around 180 million. The 10Q will give us a much more accurate picture. Regardless the PPS has weathered the storm and in the next few months it will still rocket to the $.50- $.70 range.