Please explain the mechanics of a typical convertible debt offering
(i.e. a "convertible"), and please identify the key variables (stock
price thresholds, revenue rates, conversion rates, etc.) that are
involved.  Most helpful would be a specific example, with
representative numbers filled in, of how debt can convert to equity:
under what circumstances, at what conversion rate, etc. Thank you.

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Request for Question Clarification by scriptor-ga on 07 Aug 2003 13:30 PDT

Dear chriso_312,

With all due respect: The Researcher answering this question will get
$2.25 for it. I do not think that many of my colleagues would do this
rather complex work for that amount.

Regards,
Scriptor