Rory...I had done this way in the past...but I believe that the oly way to determine whether the convertibles are done is to know how much in $ value is still outstanding...I am not sure a split has anything to do with that...if say a 100,000$ was outstanding at the last split, then you add up the $ value of all the shares doled out to meet the convertible debentures and subtract that from 100k to figure out the $ value of the TCs that are yet to be converted...someone should determine from Ben as to how much is still left in $ to be met in toxic converts...