If not paid back in some instances and if converted before the company could converts. You did not actually contradict anything I said.
At least since the company, as you said, had 450,000,000 shares outstanding and I arrived, you have always exaggerated what shares are already outstanding. At that time you said there were 1.5 billion, when there were not, in fact, anywhere near 1.5 billion. It may make sense on a buyout to assume all are converted, but at this moment, the potential shares that are cost in other forms are not actually converted and some may be paid back as debt payments before they are converted.
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