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PappaJohn

03/08/07 8:44 AM

#109 RE: Jim Bishop #108

Odd they wouldn't mention the R/S in the PR, eh.

1:30 reverse split
then 1 for 5 divvy of a series B preferred
(stated value of $10.00 per share)
which then can be converted to 20 common per 1 preferred
with anticipation of a 6% increase resulting in additional
shares of common stock being issued on conversion

“put” provision & callable

There has to be an simpler way to do some things,IMO.
Glad I still have my old slide rule for ciphering.