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Prinz18

08/13/08 12:27 PM

#311 RE: mcmike #310

That's exactly what I was referring to. You can easily see, that the more the share price dropped, the more common stock did YA get for every preferred share.

January 17, they received 2.451 common for every preferred. April 7, they received 22.727 common for every preferred.

As the share price has dropped further, they will now get even more commmon stock for every preferred they convert. I'm afraid, TNSX will sooner or later have to file an S-8, as they are runnig out of shares...