While I thank you for pointing that out, I didn't mention it because there was nothing to mention. As others have stated, it's a done deal. Basicly what happened was KATX issued some Form D 504s a while back to raise money and it caused all kinds of problems. They took care of it long ago and Ken has stated many times that they would never look to doing 504s again and that they learned their lesson from them.
We have had quite a few people on here email Ken directly about this very issue, and he has always been stright forward about this and has allowed us to publicly post his email responses about this question. While some of what you quoted me as saying was my own personal opinion, most of that quote was actually facts or based on facts like the one I just talked about. Ken is a very honest and open CEO, and I stand by that statement.
I hope this helps clear up any questions you might have had about this.