shares for debt is GREAT!!shares for debt was a smooth move for both parties.
The creditors obviously looked at everything that is going on with the company (future developments, etc) and realized their return can be much higher in the future after due diligence of course.
The creditors got a very clear view of what is going to happen in the future so they went for the shares instead.
That being said, as a retail investor, that was the best confirmation we could have hoped for.
That is the tell tale sign in my opinion.