RE:SharesShane, Cline was able to get just over $9 million from Marret (a portion of which was really an interest payment). Marret in return got convertible bonds which convert at $0.005. This gives them the ability to convert this debt into shares and control over 90% of the shares. The last deal Marret had they had to convert and backstop almost $60 million to get 95% of Cline. This deal is alot cheaper for them and get all the up side in my opinion.