If the company were going to sell itself, those shares would be converted and figured into the price. They represent economic value, and one would be foolish to ignore them in my view. I didn't say that they are going to convert them immediately. I said what is true: The fully diluted share-count is at least 835 million. The company, when it reported EPS, made an error. It should include these.
Common shares aren't the only aspect of a company. Prudent investors take the time to understand the entire capital structure, including debt, preferred shares, options and warrants.
News 
Market Data 
Discover 
