Non reporting pink sheet stocks have fake convertible debentures just pop up all the time. Just make one up today, and give it to your lawyer on Monday to draft an opinion letter. Have a free trading cert in the mail by Tuesday, and deposited at the broker with opinion letter and forms by Wednesday.
SEC can stop this by making these debentures require a medallion sig. guarantee just like stock powers and stock transfers.
Otherwise criminals will use microsoft word to make cash every day.
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