Marijuana Company of America Inc. (MCOA)

[JoshuaJames]

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).

http://www.investopedia.com/terms/c/convertibledebenture.asp