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lbdave

05/07/12 5:48 PM

#65801 RE: CharlesNet #65799

If those certs were issuued then they would be included in the 7.4 billion O/S, but they won't show up in the float if they haven't been converted. The issue is it seems to read that they are going to retire 1.5 billion shares from the float, and that can only happen if the company buys these public shares, or someone surrenders them to the company for retirement. I'm not saying it would never happen, but clarification is needed to keep the article from sounding like the same old line of BS.