copied from manifesto.
Converting a public corporation is voluntary by all affected stakeholders. It can be complete, partial, done in stages, and convert bonds, preferred and common shares. Once natural finance conversion has begun, no new bonds or preferred shares can be issued, and common share issues are not recommended..
Bond holders do not in fact need to be bought out, with little risk to the corporation if further QCSLs can be issued to pay interest and principal.
The key to shareholders, is that it is management's duty (mandate of shareholder value maximization) to offer them conversion to natural finance. Or in my terms, since shareholders can be divided into powerful purpose-holding director determinators, and powerless benefit holders, it is purpose-holders duty to offer benefit-holders their benefits such that purpose remains ideal and unfettered. Minority shareholders have a common law right to remedies for their deceived powerlessness, and lack of purpose-holding benefits.