Nano Mobile Healthcare Inc (VNTH)

[DANNYBOY666]

Correct. and if I could see into the future I'd play the Powerball not the OTC. But that being said, I looked through the filings describing the new classes of stock (C&D) and it seems the class D stock is held by corporate entities (Swan's LLC and Mr. Groman's real-estate holdings company). Those class D shares could be converted into bonds with only the stoke of a pen as there face value is 0 and they can't convert until the short-term debt is cleaned up.

So, to make them into bonds yielding 4.5% per year makes sense, and instead of paying out cash on the interest of the coupon they could be rigged up to pay out common stock in the form of options. And just FYI, options do not lead to dilution where as warrants will lead to dilution.

In my life as a bond merchant I always found corporate entities preferred bonds anyway as it gives greater security and control.