They better be fantastic quarters. Looks like the Chinese drew (or is that drawn) a line in the sand and want the entire preferreds paid off by May 25, 2011. That's a lot of net nickel coming out of the ground to meet that demand. And of course that's not the only bill (debt) to be paid. I noticed again another short term debt of $1,600,000 came due in Q1. We can assume that was extended - again. I also see directors continue to lend the company money at month end. I guess after the last $4,500,000 loan in January Jilin won't be footing anymore bills. I also see a comment that Liberty plans to "institute a manageable debt repayment plan". What happened to the big promise have having all this paid back. Assume all you want but if the Chinese convert all these obligations into common shares at $.11 I figure they own about 96pct of the company right now. Fully diluted. That of course is rising as the interest on the interest on the debt continues to increase. Just in case you missed that.