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TenKay

05/08/19 3:27 PM

#83208 RE: SooS416 #83185

Yes. Same holds true for convertible debt. Debt holding period is tacked onto the stock holding period at the time of conversion.

This “tacking” period has been a source of much abuse in the OTC with debt being back dated (or service periods) in order to get around the holding period...which is illegal.