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Re: Traderfan post# 17297

Friday, 03/17/2017 8:58:41 PM

Friday, March 17, 2017 8:58:41 PM

Post# of 44482
They never pay convertibles with cash. The whole point of convertible loans is to have shareholders pay off the note so the company doesn't lose cash flow. Also, there is typically a ~30% premium charged to accompany paying cash for a convertible note because the lender also wants shares for their money.