Replies to post #33375 on ZA Group Inc (ZAAG)

[wallstreet1231]

I suggest you read the filing which should answer your questions.
http://www.otcmarkets.com/financialReportViewer?symbol=ARNH&id=101220


In the case of not enough common shares available to convert -here is what is stated in the filing:



(c) The Corporation covenants that, within 30 days of receipt of a conversion notice from
any holder of shares of Series E Preferred Stock wherein which such conversion would
create more shares of Common Stock than are authorized, the Corporation will increase
the authorized number of shares of Common Stock sufficient to satisfy such holder of
shares of Series E submitting such conversion notice.