Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Ellen who wrote (2180)	7/11/1998 4:03:00 AM
From: Ditchdigger	Read Replies (2) \| Respond to of 3817

Ellen,in your opinion,what is the difference between a convertible debenture and convertible credit?..The bottomline-both are convertible into stock.Reread the info he posted--"draw down"--fancy words for CONVERT INTO STOCK.DD PS: this credit is now costing you approximately 7 shares to the dollar at street value. Is there a discount to the market price on conversion? details..details How often and how much of this "drawdown" is supporting the company and what is it costing you in dilution? Please don't attack me,please address the question of convertible credit,paid on a draw down basis..