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RedShirt1

07/13/12 12:49 PM

#13582 RE: Actuate #13580

when you make a note like that you have to keep those shares off the open market and held in an escrow if you will so the shares were already considered in the share structure
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lmcat

07/13/12 1:08 PM

#13595 RE: Actuate #13580

Those notes are not due until 2013 and there is every reason to believe that SIRG will have permanent funding in place prior to 2013.

Therefore the notes would not get converted and no more shares would be needed.