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ForReal

11/22/14 11:38 AM

#24554 RE: Empirica #24552

I thought the convertible note holders were locked down (per 8K filed 06/20/2014)? Are there ongoing conversions and sales right now? And if you could, would you tell us about how much debt is currently being converted?

ASK

11/22/14 12:02 PM

#24555 RE: Empirica #24552

Thx for post.

I know there are convertible bonds getting converted on daily basis and that's why I did not buy any.

I will closely watch next while and may step in towards end of year.

Then only problem still remains is A/S of 10B.

You can think of reducing it may be 1B to make everything favorable for investment.