I asked DK about the Chrome Note, His response.
For instance the question about Chrome’s convertible debt – the 10-Q is pretty specific about the fact that it discloses all convertible debt outstanding. If a shareholder tracks debt that they are aware of from the 10-K, previous 10-Qs or other disclosures (news releases), but does not see them listed among the outstanding debt, that is an indication that the debt is no longer outstanding. It has been converted. This is how any company that has convertible debt handles disclosure. They don’t typically disclose the debt that gets converted – they disclose the total number of newly issued outstanding shares, which ERHC did.
