RE: RE: RE: RE: RE: RE: RE: RE: Looking better and " but is there any way YLO has found a legal loophole to wriggle out of paying the dividends on the A & B if they are converted that doesn't exist if they are redeemed?"
My interpretation is not that it disappears. I read it as on a conversion that they are only be converting the instrument itself. Any accrued divy's will not be converted or paid at that time and will just remain on the books as they do right now.
What they do later on down the road is another subject altogether.