Replies to post #3336 on International Aerospace Enterprises, Inc.(fka IARO

[gryfus]

But you also know that every convertible note is floorless, even those issued to the banks, if naked shorting is allowed. Of course the banks don't usually nake short.

And I've seen plenty of stocks (even both small e big Nasdaq and Nyse companies) with floorless convertible debentures issued, even much more than CLBE... pretty much every operative .ob company has issued convertible debentures with more or less the same clauses. Of course that would not be a problem if naked shorting was not allowed.