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icbeatsthestreet

05/31/11 10:57 AM

#18862 RE: steveooo #18861

I agree with the R/S scenario.

However, the noteholders are converting as we speak.

The company should be debt free soon.

About Paramax... Who knows?

J

Since Feb.2, 2011, the company has dumped 5 BILLION shares (500 billion shares since the R/S) In pre-split terms, the O/S has gone from 15 billion to 500 billion in less than four months.

Davis obviously doesn't give a blank about shareholders.