You have to give Quiktrak credit for coming up with such an...

You have to give Quiktrak credit for coming up with such an obscure cause-and-effect rationale in their latest announcement (page 3 paragraph 2) - "Given the state of the current financial markets ... several key convertible note holders ... have expressed a willingness to convert ... notes they hold at a lowered strike price, or continue their investment in Quiktrak ..."

Huh? Sure, the entire situation the note holders find themselves in and the subsequent decisions they must make have only to do with the "state of the current financial markets" and absolutely nothing to do with the (lack) of business and management fundamentals.

It must have taken ages to come up with such an irrelevant association between two facts, to splice them together, and effectively produce a hollow statement that almost has the illusion of being meaningful. Almost.