that isn't why. it's because the shell is cashless, and the new company is cashless. they will need to raise cash to run their business, and it will come through convertible debt financing. i told you guys that this company is not a player. should have listened. all those chasers should have waited. i told you guys that there was NOT enough information out yet to determine the value of the company. i told you that chasing a company without knowing the details of the merger is unwise. people don't like to listen to words of wisdom that has been cultivated through many years of experience of trading in this wicked pinkyland. rip swhi