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ctb

07/18/07 10:30 AM

#29795 RE: jacobboaz #29791

I don't think that's Rook's reference was to the Private Placement shares.

rooktrader

07/18/07 10:39 AM

#29799 RE: jacobboaz #29791

thank you for the info. when i asked jc about the conversion of the preferred's and how that would be handled, he replied 1% of the o/s every 90 days if the conversion happened like clock work taking 8+yrs to fully convert.