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Iwantmoney

07/23/06 9:44 PM

#187506 RE: itrade4profit2 #187497

itrade4profit2: Good post, though I don't agree with your statement of GGI (IMO) is just starting its second round of gigantuous dilution via conversion of the debentures and sale of converted shares.... The SB2 has been out for almost four months now and only around 200M has been converted. If 200M is as you say "Gigantuous" then I stand corrected. GGI will convert when GZ needs cash and it seems to me that thus far GZ hasn't needed much. More dilution will occur, but JF is a penny pincher and can stretch a dollar. Everything else in your post I agree with.