I am glad you looked up rule 144. Now you know that this is incorrect: RULE 144 - 101 Holding period starts on the date the debt was issued, not the conversion. Basic stuff !!!!!! And in a cashless conversion is done on warrants, the holding period also started when the warrants were issued..... BASIC stuff. RULE 144 101 SEC 101 Finance 101 No. It does not start the date the debt was issued. It begins the date of purchase.