Generally when there is language within a prospectus of a convertible stock suggesting that such stock can be "converted" , in most cases , "CONVERSION" is almost always the END RESULT. Here is an old 10 - Q form from April of 08 that might not be directly related to my above statements, but certainly relate to the situation at hand. <a href="http://inforna.com/cos/sec-filing.aspx?id=9113253" target="_blank">http://inforna.com/cos/sec-filing.aspx?id=9113253</a>