Is it all Gloom and Doom and time to Gloat?

4. Convertible loan notes.
There's still no obligation on the loan note holders to exercise their conversion rights by end-May '07 or lose them - May just represents the date when WTV must honour its committment in some way. There is though the problem that if Sibley + Booth don't exercise, and the other loan note holders do, then I think that'll trigger a mandatory takeover bid.



thats interesting and even more so when they publish exactly what is owed in the public domain

remember what Stephen Kirk has done in the past. Is this one being packaged