It aggravates me they are saying there is nothing

It aggravates me they are saying there is nothing they can do about conversions. The conversion rate is at the discretion of the board, it could be adjusted to discourage conversions. The C blocker constrains conversions by stipulating Lonnie Hayward and his affiliates cannot affect a conversion which results in owning more than 9.9% of the common shares. Initially the number of disclosed C shareholders was 1 and in the Q3 2012 disclosure it rose to 7 and in the Q4/annual 2012 disclosure it rose to 18. Thereafter, the number of C shareholders has not been disclosed. If "affiliate" is defined in such a way that it includes anyone the shares are sold or given to, then the conversions can be halted by cooperative C holders by simply holding common shares at the 9.9% threshold.