Replies to post #42 on Corey Ribotsky's N.I.R. Group AJW Funds Downward S (LOSE)

[john wayne]

Thanks Tex. So the big question is, if you give me $5000 you can wait to convert your shares until the price is low enough for you to pick up alot of shares right?

Let's say my shares are worth $1.25 but I sell them to you for a dollar, do you want to sell right away and just pick up your 5000 shares? Or do you wait until it drops to a dime, and convert into 50,000 shares?

Is the debinture "system" automatically bad for the PPS? Or is there a way that it works out ok for shareholders?

Because as I look through the filings, there are alot of companies that have these debentures.