GREY:RVVQF - Post by User
Comment by
Botaniston Jan 23, 2020 7:11pm
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Post# 30591506
RE:RE:RE:RE:Debentures
RE:RE:RE:RE:DebenturesVision2050 to be clear re your option a)
They will not convert the debt at $1.45 when they can buy on market at 6 cents.
The only time a convertible debenture would be converted is if the share price is way above the conversion price. Our share price would need to be well north of $1.45 for them to convert. They have the right but not the obligation.