Replies to post #53 on Toxic Funders

[janice shell]

Exactly. the maturation date is meaningless. And actually, most of these notes can be converted at any time after the paperwork is signed. That doesn't happen, though, because the stock issued in a conversion can't be sold until the Rule 144 holding period is over.

That is six months for an SEC registrant, and one year for a non-registrant.