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Re: Freedom45 post# 16906

Friday, 07/22/2011 12:49:51 PM

Friday, July 22, 2011 12:49:51 PM

Post# of 52854
I agree, however, I'm not sure why you think a restatment of the ability to convert in the event that debt interest is unpaid is lazy thinking? Surely it's fact?
The creditors are agnostic about the sp if:
1) They are YAGI
2) they already own 4.9% of the stock (which they probably do)
3) they have to sell the stock immediately because of 2)

In the scenario which I think is most likely ie. YAGI converting I think all of points 1), 2) & 3) will be satisfied.

Just trying to understand....