Can I convert Custom Overlay to Graphic?

Discussion created by alis73 on Feb 25, 2011
Latest reply on Feb 27, 2011 by ggunther
I have created reference systems > custom overlay label, then I added it to my layout.
I need to convert that label to text on the map so I can move it or delet the once I do not need.
Can I do that... it is a question I'm asking for long time and I did not get any reply so far.
Thanks to all.