Replies to post #33185 on ZA Group Inc (ZAAG)

[Value_Investor]

"Debt Conversion to Equity" means the debtor hand out some equities (like common shares) to exchange for the debt it owed! In ARNH case the CEO acquired 3B common shares to forgive some company's debts...
I believe nobody was able to convert the PS-E to common shares yet! Otherwise it must be "no bid at all" long time ago...