Saean Group Inc. (SEAN)

[Opex]

2011 Unaudited Financial statements are out- This is something I really like to see –Thank you CPSZ---

Since I am not a law major nor do I pretend to understand the way lawyers write. Can someone shed some light as to the quote, “As its management plan is to divest (“GPSI) in the near term.
I had to look Divest up and this is what I found.

to strip of clothing, ornament, etc.: The wind divested the trees of their leaves.
2.
to strip or deprive (someone or something), especially of property or rights; dispossess.
3.
to rid of or free from: He divested himself of all responsibility for the decision.
4.
Law . to take away or alienate (property, rights, etc.).
5.
Commerce .
a.
to sell off: to divest holdings.
b.
to rid of through sale: The corporation divested itself of its subsidiaries.

Does CPSZ own a subsidiaries named, General Payment Systems, Inc (GPSI) ?

Someone also needs to explain Note 9 near the bottom
Convertible debentures- trust agreement-

The Convertible Debentures carry interest rates ranging from 12% to 15%, require monthly interest only payments and are convertible into common stock of the Company at prices ranging from $0.50 to $1.00.

Does that statement mean we should be seeing a stock price of .50 to 1.00 soon?

Surf if I am reading this correctly things are starting to show some light in the tunnel !