Ty, nice summary. Thanks for your contribution.
I also held quite a bit at .75 and than bought more at .085 to average down. But I haven't sold any. I'm willing to convert over to the new co as I believe there's more value there than the $250M expected, far more, for various reasons.
Consider something else Ty. There are a few smart lawyers working to undue this as we speak via injunction, stay, change of venue claims, etc.
Even if all that fails, I believe a post conversion price of .50-1.00 is possible during 2012 and a near term pop before emergence is possible with a dollop of good luck. 5x-10x from where we're at isn't that bad.
So, if you can tie up your cash for a while, you might reconsider cashing out at .085, a price at which you have little downside.