 A final theory about this thought experiment combines aspects of the Fregean and Russellian proposals. It says that Invert’s and Nonvert’s experience each has two contents associated with it. One set of contents involves objects and properties represented by the experiences; the other involves modes of presentation of these objects and properties. On this proposal, the object-property contents associated with Invert’s experiences are the same as Nonvert’s, but their modes of presentation are different.