So one sentence they are not convertibles then they are on the next sentence? (See in quotes below) The real question is why was it OMITTED from JNSH FILINGS for 4 years. It was ALWAYS there then not in the filings for 4 years now it's there again. Who would trust the CEO? The volume for 3 years shows a lack of trust in JNSH . The video explaining is on JNSH TWITS. "They are not "convertibles"! They are preferred shares, owned by the CEO, convertible into common! Duh! "