Replies to post #859 on Palayan Resources Inc (PLYN)

[Suvorov]

I disagree.

[BigBadWolf]

Glad to educate the investing public

A convertible debenture is a type of long-term debt issued by a company that can be converted into shares of equity stock after a specified period. Convertible debentures are usually unsecured bonds or loans, often with no underlying collateral backing up the debt.