Minerco Inc (MINE)

[wallas2g1]

I would agree with you that going forward more conventional financing is the most likely option.

What in your opinion will be the effect on shareholder value if the existing ones are not prevented from converting? What will be the effect on shareholder confidence if that happens (both existing and prospective).

I've been here a while and I think shareholder confidence is currently at an all time low not because the company hasn't made giant strides, but because shareholder value continues to decline in spite of this.