I think we will see this completion on Monday. There was a reason for everything and we are now getting a small glimpse behind the curtain. I will probably call my broker on Monday, because now it will be a race against time to get our shares back into "common" status.
I converted about 99% of mine due to the PR that basically said they encouraged investors to do so. I still had faith in management at that time with any doubts like some have had. So I did as they instructed believing I would be rewarded in the long run for my faith in them.
At first when I saw a 175:1 ratio, I was really pissed. Why was I converted to 1000:1 and these guys get a better deal. Then I remembered that my shares are worth $1 each!
I quickly did some math and a smile came across my face. I saw in black and white that I have a great chance to make a real nice gain over here for waiting 2 years so far for things to develop between the 2 companies. Now as long as we can get more common shares back than those that did not convert, all the sweeter