and what happens when the balance of the converts actually convert down at sub penny prices?? how many hundreds of million of uspr shares would be converted???
and what happens if the converts on uspr's books are eliminated?? uspr would need to raise money to repay the converts. what would the people that gave uspr that money want?
since uspr is nowhere near producing revenue, they would want shares. so would uspr replace the old converts with new converts??? or would uspr replace old converts with shares issued at current levels. ya know, sub penny prices.
either way, the converts on uspr's books are gonna turn into a ton of shares. especially now that uspr traded sub penny.
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