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Re: justasupporter post# 20093

Sunday, 10/06/2013 12:25:17 PM

Sunday, October 06, 2013 12:25:17 PM

Post# of 30248
A derivative that converts to common at a ratio as another derivative that converts at the same rate or better to common does what to the common shareholders?

Also, swapping a debt based derivative to an equity based (both of which convert to common) can and will be construed as integration, considering they are issued at the same time and convert at the same time. Thus, the SEC considers them the same security.

In addition, swapping from a debt convertible to an equity convertible provides the equity security holder rights to distribution of assets and dividends. This benefits the holder of the derivative and negatively impacts the common holder, the underlying security subsequent to the conversion.

Lastly, strange how this singular holder of this debt converts conveniently on a press release timely basis certain portions of the debt and not all of the debt to equity.

Lets ask another question, how does this benefit you as a shareholder of common class of securities?