Quantum Corporation (QMCO)

[LincolnStocks]

So does that mean they almost gurantee roughly ~$4.33 PPS by 2015?

At the initial conversion rate, the notes will be convertible into shares of common stock at a conversion price of approximately $4.33 per share

Notes due 2015 to be issued to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended.

So roughly 5% growth per year?