RE:RE:RE:INCREDIBLE DESTRUCTION OF VALUEStockman and Woodwise, You both are ignorant as ever. The debt holder can continue to smash the price and collect "even more shares" the lower the price is when the debt holder redeems. All the debt holder has to do is smash the share price down as low as he can get it and then redeem for shares. The debt holder can probably redeem for 50-70 million shares right now. Then on top of that the debt holder gets warrants if I remember correctly. So in essense, the debt holder will eventually have enough shares to take over the company and take it private if he wanted to. This is not a bad project, but a bad financing partner and terms that apparently the company didnt have an attorney review. I figured this out months ago while all of you were beating up on the project and other posters here. The share price needs to be 6-7 cents a share to keep the debt holder in check or the company needs to refinance the debt and pay the debt holder off. If I were NLRCF, I would give up another 5% of the project to have Reyna buy this guy out. Sure, here we are at 15 million shares, but this debt holder may dilute that pretty quickly. What a fricken financing agreement! Definitely not in the interest of the company or shareholders.