I am just going to throw this out there. I was talking to a guy that seems to think that JJ may have converted their preffered shares. I don't know where he has obtained this information. So don't quote me on it.

I too am not familiar with how that process would take place on the stock exchange. The outstanding shares still show as being ~168M. So, If it were true, I would think there would be have to be a news release and some sort indication that would correctly indicate the actual number of outstanding shares.

If this is the case that would somewhat explain Liberty's share price. Has anyone else heard anything? Could this really be true?