Gmenfan...that was the intent of my questioning a few days ago. If there was a short position...would SH's be shouldering that (when they should not be) in the conversion. A conversion rate should not be a mystery ...even at this point. I've seen some numbers thrown around ...like a 28:1...maybe? But we should know what that conversion is already...In my mind, that is something that should be set in stone, regardless of what the numbers of the vote tally. And if those votes do not result in a total accounting and verified numbers of OS, then that modification of the conversion should go to the benefit of reporting and current SH's...not to cover some short or illegal short position (if there IS ONE).
I'm interested in hearing this issue during confirmation...we should be getting some hard numbers before the vote ... and any reporting of or modification of those numbers should be verified by objective parties (as well as the EC), a matter of public record, and to the benefit of current reporting and voting shareholders. The conversion rate should only be to our benefit in the face of non-voting shareholders.
Do we have a conversion rate??
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