Let's say a user asks for Gyrados inspirations and another user answers something like "Magikarp is a red fish." (Just an example not to be taken seriously.) Then, that answer gets down-votes and gets a few flags. Then, that person converts the answer to a comment. What would happen to the flags? Would they still be on when the answer is converted? Would the flags clear? What would happen?
Check Kyogre's comment. I flagged it, then converted it to a comment. The flag stayed.
Hope I helped!