### Comment:
Right... But isn’t that just one possibility? If they convert to cash and use it to increase revenue, wouldn’t that add value long term? Their CEO made it clear they were raising money weeks ago, so I’m not sure why it is a concern now. Maybe others misunderstand it, just like I do.  
  
 The premiums on this beautiful stock are fantastic, so my only hope is it keeps trading between $100-$160 for years to come.

### REPLY:
I don't think you're quite understanding. There's no conversion to cash. The company will get cash in exchange for the notes. The notes are then convertible into stock. Sure, it could add value long term. I think equity investors would prefer nonconvertible notes, though.

### END.