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Thursday, November 06, 2014 1:15:19 PM
I have tried to explain this numerous times, but it's like talking to bricks.
All LTNC notes carry a provison to convert at some percent of the lowest average price over a given period....right on down to the trips if necessary. The note holders do not lose ANY money so long as there are (oh let's say a billion) shares to convert into and fools willing to pay the premium for this "undervalued" stock.
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