In My opinion: the Convertable Notes are not a share, they are...

In My opinion: the Convertable Notes are not a share, they are not a share in the company. They are a derivation of a share, they are a derivative. They are a derivative agreement entered into by the company . Anyway, we all see the effect of all these strategies - collapsing value of original shareholders. For most original holders the stock would need to go up about 8 times for them to get their money back .