Debenture holders It would seem that management has painted a very bleak picture of the future if we don't vote yes to their deals. It would seem that we'd be on the verge of bankruptcy but they'd have one last card to play, dilution. This would add 1.3B shares but wipe out 150m in debt. The debenture holders are now common shareholders in a company that's going under. All because they don't want to extend the deal that pays them 4.5%. Their fate is in their own hands. Take the extension, we clean out management, and we get this company running profitably.Remember the same management that is preaching doom and gloom now was also telling us that they would be very profitable in 2012.