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rtaff

09/27/07 11:13 PM

#4593 RE: A/Cguy #4591

Now this is just my opinion I have nothing to back it up. It is pure speculation. That being said. I was thinking about the letter ExoBox sent to the restricted share holders and I know the time has come for them to be able to lift the restriction. From what I have read on this board, and I might be wrong, they have a conversion rate and this conversion rate is affected by the outstanding shares. Hence more outstanding share the higher the conversion rate or the more shares you get when the restriction is lifted. As long as the O/S is the same no increase shares when you convert. But if you were trying to work a deal with some company or some one that would significantly increase the O/S you would have to increase the conversion rate to all of the restricted shares, unless you had converted all of these share to common shares and then issued more shares to XYZ company. The restricted share holders would get the shares they were entitled to when the restriction was lifted and ExoBox would not have to issue more shares to them again if they increased the O/S. Maybe this is why they want all of the restrictions lifted before they announce any new plans or 8Ks. JMO.