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Value_Investor

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Re: Dominic3 post# 33185

Wednesday, 07/23/2014 11:15:59 AM

Wednesday, July 23, 2014 11:15:59 AM

Post# of 53319
"Debt Conversion to Equity" means the debtor hand out some equities (like common shares) to exchange for the debt it owed! In ARNH case the CEO acquired 3B common shares to forgive some company's debts...
I believe nobody was able to convert the PS-E to common shares yet! Otherwise it must be "no bid at all" long time ago...

OTC-Killers-Club has spot 261 stock killers from 5100-bagger to 2.33-bagger since 03/05/2011

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