RE:Glad to see all you guys are confident9rookie wrote: how many new shares are we talking about in august when the debt is converted?
The company can settle in cash or shares at their discretion if the SP is above the US$1.95 level. Otherwise at least 19% are paid in cash.
So we won't know how many new shares (if any) are issued until the time comes. I expect it to be very positive regardless as much of the potential for dilution goes away..