RE:Diluting Trillion sharesThought I"d comment on this now...its a well good over view of the financing...for sure. This bought deal is a guarantee by 8 Capital to fullfill entire $15mm offered placement. This does not mean 8 Capital has themselves invested in the entire placement or part thereof. They are a broker and have substantial investor accounts to sell this debenture too...they may, and I say may have themselves held some back for themselves. This financing in the first place was uncalled for by the CEO, be that has it may....investors in this placement have done extremely well...ITS A GREAT DEAL..for them. It was done on a SECURED basis, debentures earning a 12% annual interest guaranteed return...then having that conversion option at .60 cents as a bonus, its no guarantee they will be exercised . Then, having a possible, 105% of this debenture repurchased by the company anytime following April 30, 2024...which shall include all accured interest , whether it was earned or not. Then, under this Debenture.. holders have restricted TCF from "its pledge by the company will not be able to incur new debt in excess of the priority charge limit of this $15mm debenture and its so formulated calculation of that limit ...This says TCF (CEO) cannot go out and secure new debt financing of any kind!!! until this debenture is estinguished (paid out)..For this... it was a bad deal for common shareholders for sure...BUT, for these debentures holders...GREAT DEAL!!!...CEO , like I said previously has "sold out" ordinary common shareholders....As a on going investor and do believe in the tremendous accompishments to date with our drill bit, great revenues and revised reserves... I hold both by the way.., large amount of common shares and definately the warrants and did participate in this latest financing, couldnt resist, its a great 12% rate of return on a secured investment and in addition..., have those free conversion options to boot...I still maintain, and definately do not agree with CEO of doing this financing, it was NOT in the best interest of common shareholders...For 8 Capital as the broker, earning commision and broker warrants..Great for them..and great for the buyers of the debentures, they being (secured interest holders), Its a secured investment for sure......CEO, in my opinion has compromised our company and prohibited our share price from rising and may have for the future....Closing of this debenture is scheduled soon on or about April 20th...dont be suprised... if its more then that amount announced...way more..just my opinion....eventually, this company is targeted for a " change of control "...and is in my opinion, a NAKED SHORT target as evident by the huge, hugh.. daily volume for the last 6-7 months, the official recorded short list for TCF as of April 15th is a measly $1.7mm,.. while the share price remains flat and as seen substantial declines from its Sept 2022 highs ....all this on tremendous recorded reserves growth, continuous drill bit success and huge monthly revenues increase, month after month...these type of activities, only end in CHANGE OF CONTROL...JMO...