Replies to post #11795 on DealerAdvance Inc. (DLAD)

[investor99]

I did some math myself and the 5% is correct. If you compare the last 10Q to the current, the 5% is exactly correct. There is in fact a cap on the Corey conversions. Management shares are restricted by the way. GLTA.

[Fred Kadiddlehopper]

Also I note that the applicable percentage was increased substantially in our favor from 25% to "between 50% and 60% depending upon the status of the registration statement to be filed by the Company."
IMHO, that was a significant concession by the capitalists. Maybe they too think that DLAV is more than a one night stand?