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Monday, May 15, 2006 6:10:22 PM
there is no conversion you cant convert your share into any common stock. they will let you keep 10% of what you own on june 1st for the as long as you like.
i was under the impression you could convert your share.
the debentures will be equal to .001 per share.
they will be giving share holder the money (your brokerage firm) 5 years from now.
example:
10 shares
1 share is yours
9 they are buying from you @ .001
if you buy at .0001 or even .0002 thats almost a 1000% return on your investment in 5 yrs
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