News Focus
News Focus
Followers 1
Posts 110
Boards Moderated 0
Alias Born 04/14/2011

Re: golfer123 post# 15415

Wednesday, 02/01/2012 6:43:07 PM

Wednesday, February 01, 2012 6:43:07 PM

Post# of 63095
I have a clue, join the rest of us. When they convert the stock, it is a debt conversion. The books reflect the value they convert at. Converting at below par value (as you have been stating -- getting a discount) would show in the books. Knowing a little about accounting, you now realize that the books would show conversion at below par. I would hope you could figure the rest out. You don't need to believe me though, you have different motives than many of us here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y