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To: Jim McMannis who wrote (86992)	8/24/2007 7:53:12 PM
From: Sr K	Respond to of 306849

it was part of a recapitalization and actually more like 16.03 for 5, so they would issue new shares at $10.00 even. "Upon the completion of the second-step conversion, the Company will issue additional shares of its common stock to existing public stockholders in a stock split pursuant to which each share of common stock will be split into 3.206 shares. As a result, stockholders of record on the record date will receive an additional 2.206 shares of common stock for each share of common stock they hold immediately prior to completion of the transaction. The record date for the stock split is the close of business on June 6, 2005 and the Company has been advised by Nasdaq that the ex-dividend date for the stock split will be June 7, 2005. As a result of the stock split and the offering, the Company will have approximately 597.5 million shares outstanding after giving effect to the transaction. There are currently a total 86,360,359 shares of common stock outstanding." sec.edgar-online.com