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spanishbid

06/29/07 11:39 AM

#27141 RE: rooktrader #27140

Rook, if the preferred shares are reversed too, CB will convert them into only 420000 new shares, not 10,5 millions. That gives 10 million shares less on the outstanding shares. I think is better to shareholders the preferred reverse too (if the RS goes on, I actually think not).