bond holders staying put, page-30

they can't - what I was getting at was that by forcing the noteholders to convert when the market SP is <0.60, there is less likelihood, IMO, of a rapid flip of the newly issued shares than if the noteholders convert when the market SP is, say, $1.00.

i'm working on the assumption that the less profit that is able to be turned by noteholders immediately following a conversion, the less likely of a rapid dump / profit taking

have a gd one