sorry, every rollover or extension of convert is the same
it should be obvious, and it has been on every single convertible that is extended that 2 important issues are ALWAYS the same. 1 - an increase in the interest rate 2 - a reset of the conversion ratio to usually about 30% above the current trading price of the stock. This of course would mean a price of 13c on the conversion, or issuing close to 400,000,000 shares, wiping out the current shareholders. Guy is on BNN (right now) saying nat gas is going to 1 dollar this summer, and that would be bankruptcy for Anderson. The ONLY move is selling now before the company is destroyed.