Secure Point Technologies Inc (fka IMSCQ)

[zeynoc]

Is it that or is it because DMRJ needs to treat these converts as equity rather than debt if the price is significantly above their conversion price average of 1.13 is my question. The bulk of the debt right around 25mn is converts they signed under last year and even though your point is a valid one, I don't see all of the management to convert right away say if the price is at 1.50 or even 2 per share when their options are at 1.40. Again, I understand that they backed us at very difficult times when no one was around but they are trying to make as much as possible from this and keeping the status quo gives them unbelievable return, so why to take another course of action, every time there is a run, just supply more...shareholders, don't worry about them for now...debt brings 15% per annum, there is continuous supply of 8 cent shares, why would they change it until there is real demand and cash inflow to the company following some major sales announcements?