Not sure how it works Lef, though sounds like a theory, at least better than any I can offer. Bones will be onto it, he loves that corperate stuff.
Thankfully i reckon any investors astute enough to hold convertable notes would not IMHO be selling before upcoming contract announcments. Could be wrong but why would you sell this stock now even if you are at profit?
On a sidenote Ive been ferreting around some more looking at the size of industrial drilling contracts. They are huge, the money out there for drilling in industry is mind boggling.
I wouldnt care if we had to issue a few more shares, especially if we got some cheapies ourselves, if it were to fund the building and advancment of rigs. This could be bigger than even I think and Im an optimist.
DYOR Tretch
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