Plandai Biotechnology Inc (PLPL)

[bonehead41]

What is a 'Convertible Debenture'
A convertible debenture is a type of loan issued by a company that can be converted into stock. Convertible debentures are different from convertible bonds because debentures are unsecured; in the event of bankruptcy, the debentures are paid after other fixed-income holders. The convertible feature is factored into the calculation of the diluted per-share metrics, which increases the share count and reduces metrics such as earnings per share (EPS).


This is where all the shares are coming from, This pig is going much lower