quarterly report deserves a careful read, page-18

re: new options Hi Towie - it seems that not all of the conversions to BTV have been done yet, let alone the BTVOBs !!

As of 5 mins ago, I still have one account showing converted to BTVs and another account which still has BTVOAs. Both cheques have been cashed.....

Never heard of a drawn out conversion like this - is this their way of limiting any dilution effects, 'cos nobody knows how may BTV shares are actually in circulation?

I'm assuming maybe they won't issue the BTVOBs until all the BTVs are safely in accounts?