RE:I like it !Yes 2.5 of the 8.5 is commited to convert debt instead of shares but it's not as easy as that. Sure Pinnacle Islands will probably take on another 2.5 of converts if they can get it,, but the rest needs to be filled in by stock + half warrant. So as it stands today, 5mm of the 8.5 is converts, and 3.5 left over as a traditional equity raise. Do you see? The other 3.5 might come in as converts but as it stands today, 5 of the 8.5 is converts. And Fyi the remaining 3.5 of the traditional raise is just the company allowing those that don't want to get dilluted to participate and maintain their percentage. Whether it's a 100% convertible debt raise or 80% convert raise, it doesn't matter. The November 30 thing with Dialco is what you need to focus on. If that's because of discussions with Newco for the pump pathway needing to be extendended, then you should get excited. Either way the money is secure and lights aren't going to be turned off for all you doomsdayers.