RE: Southerncross1:Yes, I can understand your position. The fact of the matter is that Innvest has always resisted going the conversion route and it appears to me now that the same is true but that is not to say that they may have no other choice, although there are options open to them, as I have mentioned before. They could get re-established as a U.S. operation but they could still be subject to Canadian tax laws...I am not an accountant but what I do not understand is why The Finance Department approved the stapled-reit restructuring in the first place and gave Innvest the go-ahead. I see this as a deliberate targetting of this Trust when no other I can identify, has been so impacted. So, that could open the door to an appeal in the courts or a direct challenge of Flaherty's edict, legally. Either way, I think that Innvest has a very good chance of winning such a course of action, given that Innvest seems to be singled out by Finance after allowing Innvest to restructure into the stapled-reit that it eventually became. If the stapled-reit structure were decoupled, I am wondering whether the REIT side could continue as a Trust and the OPT side morph into something indirectly related to the Trust but operating entirely as a separate entity? Could the two trade separately somehow and allow Innvest to continue passing on its net cash flow to the unitholders in much the same way that it does now but the OPT side would essentially become a holding company? Just some thoughts here. Innvest has a very imaginative and creative Management team and I am sure that if there is a way to remain "on-side", they will find it. The upcoming teleconference may tell us something...let's hope so.