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cowboycadillac

03/22/06 10:44 AM

#50176 RE: analyzethis #50170

analyzethis, that is when the huge short squeeze starts because it then forces the CD holder to start buying back his shares he shorted in anticipation of getting back shares at an 20% discount to the lowest market price instead of cash. The problem here is that the cash has already been received by the old FCDH because it is now on the books as reported as a payable note! Won't happen here! They get shares, simple! Now the real question is WHEN did they start converting because if it was in the .0005 or 6 are then they will get alot less shares than the original 9.1 billion. I believe we are about 2 billion short of the CD holder getting all their shares so until we get over that hump we will be in this range!