Posted On: 03/07/2012 9:49:00 AM
Post# of 16816
I don't believe the $RIGH share price has any bearing on the $BCAP convertible debt.
Typically debt is converted on a percentage basis, so whether the equity price of the debto is $1 or $0.0001 makes no difference. The only matter is the number of shares being liquidated.
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