not really since we dont know what was converted in 1st Q of 2014, plus there are other convertible loans out there with 625 C shares each on the books.... the really important thing is that they repriced or devalued ALL C shares. we dont know what that repricing is but it must be pretty low.

One other thing to look at is the very last thing at the bottom of the Q you will notice that Lonnie gave another loan in March of $50k that can be converte to common shares, which you know he will