Replies to post #16046 on Lans Holdings Inc (fka LAHO)

[Pennies_Envy]

There’s nothing to stop old notes from converting, but the company cannot issue new convertible debt when they are not current

Imo

[sello]

It can't be the new issues. These are the previously restricted shares being converted. To sell them while not current they had to have been held for 1 year which would line up with the restructuring from May of last year, approved by the company, approved by SEC, and reclassified by the transfer agent.

Gotta be getting close.