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Jaguarjacket

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Jaguarjacket

Re: 29YEARINVESTOR post# 100815

Tuesday, 12/21/2021 4:38:56 PM

Tuesday, December 21, 2021 4:38:56 PM

Post# of 118609
When a company issues convertible debt, it means that debt holders who choose to convert their securities into shares will dilute current shareholders' ownership. ... For example, each convertible preferred stock may convert to 10 shares of common stock, thus also diluting ownership of existing shareholders.
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