thanks intel01 - I don't know whether it is the case but it strikes me that it needs to be clarified and if it is the case then the concerns of a number of posters/shareholders are more than justified - shareholders should get the opportunity to vote on such a move. And it is in shareholders interests to block the exchange of shares for debt if it means that ASOF can simply then takeover the company and force the handover of shares from other shareholders.
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