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Re: shotsky post# 29310

Wednesday, 03/29/2017 7:33:46 PM

Wednesday, March 29, 2017 7:33:46 PM

Post# of 61601
I take it conversion rates are also are multiplied by 4.

Example;

Lets say a note came due today and they're were shares available in the OS.

Not the case of course which is the reason for the RS.

Now lets say there conversion rate is at a 50% discount on a 20 day vwap

This would be around lets say (guesstimate of around .04/2 = .02)

Now after the RS would the .02 now become .08 ?

Logical I would assume it would.