looks like the market has anticipated the dilution ~~~ big time !!
"Mr. Chok continued, ``Our shareholders need to be aware that the preferred stock we issued in 2003 must be converted to common stock in 2008. So the number of common shares outstanding will increase by approximately 3,000,000 shares, depending on the share price in the days before the conversion. Naturally, once this happens it will affect our EPS calculation, our capital structure will improve and we'll be better positioned for the future. I'm looking forward to discussing our 2008 projections with our shareholders during our conference call scheduled for March 27, 2008.''"
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