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Cassandra

06/05/03 2:40 PM

#37487 RE: 9miles #37484

That's something that you can figure out yourself by reading the filings. Find out how many Series D shares there are, multiply by $10 then divide by the current conversion price (.19). That's how many shares the CP shares can currently be converted to. If the conversion price drops, more conversion shares will need to be reserved. Because it is a floorless convetible, it is a moving target. We'll see how many conversion shares EDIG registers this month.