Iblong, can you envision a scenario where a company converts half its debt to equity WITHOUT dilution occurring? I ask because I've been doing some research, and though it seems most debt-to-equity agreements DO result in dilution for shareholders, it doesn't seem to ALWAYS be the case. If you take Joe at his word (which I know you don't but some of us do), do you have any ideas about how this can be done without dilution? There's no way they're naive enough to think that shareholders would approve a plan that results in dilution, so I do believe he's found a way to restructure the debt without it occurring. Your thoughts?