] Royal Bank of Canada has notified SCO it has elected to
] convert 10,000 shares of SCO's Series A-1 Convertible
] Preferred Stock it currently holds into a total of
] 740,740 shares of SCO's common stock. Further, it has
] sold 20,000 shares of Series A-1 stock to BayStar so that
] "after completion of the conversion, Royal Bank of Canada
] will have no equity interest in SCO other than the shares
] of common stock it receives from the conversion."

[ Well, we knew that was coming, no? SCO continues it's circumnavigation of the bowl, on their way down the drain... -k]

RBC Cashes out of SCO