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The Duke of URL

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The Duke of URL

Re: RGood post# 31439

Friday, 08/04/2006 11:50:29 AM

Friday, August 04, 2006 11:50:29 AM

Post# of 151823
a bond is a loan

a debt

listed as a debt on the Balance sheet

conversion feature allows the holder to elect to be paid in stock

stock is equity not a loan

listed as equity on the balance sheet

after the conversion, no loan

1.7 million variations of this,

you really should read about it yourself, try wikipedia, Google, any of 27,000 places.

I am not being brusque, but it is twenty pages of definitions, but the above is the basics
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