RE:RE:RE:RE:Powdering the cracks, and covering up the warts and red ink.My two cents worth. having the offering in conjuction with paying out the debentures with shares at least saves some of the the shareholders value. I'm not happy with it as it will cost me 16 cents a share to have only minor dilution, but without the offering the debentures would end up owning most of the company. Look at the fiascal at DGI, where the debenture owners have just inherited the company due to inept management.