The dilution from the notes is criminal. Am I reading this correctly? They converted all the debt plus all the interest that would have been paid on these 5 year notes and it's barely been 14 months into it?!?!?
Is management going to issue some more notes to themselves and do the same thing again? These notes being allowed to be converted at the lower price just added 6,395,648 shares!
So they diluted over 50%! Now over outstanding shares went from inder 11 million to over 17 million.... add in the other warrants still available and the fully diluted shares is almost 21 million again.
GEEZ!!!! Hard to trust management....