I stand corrected about Pope Investments... Debenture is at $.25 (20 mil) and Warrents are at $.32 (10 mil) Conversion is at the option of Pope Investments not GTEC. So why did GTEC do this? 1. Through analysis GTEC concluded that the convertible debenture has a beneficial conversion feature. 2. Pope in very respected investment form. Their DD is second to none: meaning Pope thinks GTEC is a real company. 3. The Pope investment gives instant credibility to GTEC in the USA. Read the SEC filings! <a href="http://www.sec.gov/Archives/edgar/data/1" target="_blank">http://www.sec.gov/Archives/edgar/data/1</a>... GL big