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golfer123

10/16/13 3:14 PM

#23661 RE: EmpireStocks #23657

The post clearly states nothing - it's their intention to retire the debt prior to asher converting

no one knows if they'll have the cash to retire the debt or if they'll use it to retire the debt

what do you expect them to say - "we expect this debt to be converted into common stock thereby further diluting our investors stake in the company" - of course not

it remains to be seen what happens when the debt becomes due