Deltron Inc (DTRO)

[TJG]

Excellent post...I understood you from the start, as its always been my understanding that the interest was what was listed in the filings...and I have yet to see anything above 8% in any Deltron filings... I was also told by someone else a year or so back that the conversion of a CD is handled in just the manner you said.

Since the note is secured with DTRO shares and they come from DETRO it would make sense that they did not mail cert's to a note holder for them to then have to hassle with converting... they simply must sell shares at or any time after the maturity date, at the holders discretion ... ie. If the note comes due on Aug 1st and I hold the note I can then tell DTRO I would like my money on Aug 10 they would then begin to sell shares from Aug 2 up til they had the amount needed to satisfy the debt.

Its where many get confused at who is doing the actual dilution... even though the company is selling the shares, its the note holder that is causing the selling to happen.