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cowboycadillac

03/22/06 9:47 AM

#50111 RE: osignal2001 #50106

The CD holders can convert at any time they select. I guess they shorted the stock to where we are now, knowing full well regardless of how many shares they short into the buying pressure they would make a 20% profit due to the 80% discount rate to the lowest traded price within the 3 days prior to them beginning their conversion. That price was .0003 and each day over the last week or so has always seen at least 1 trade at .0003! Toxic financing and until it is finished we will sit and wait!