POS can be big, page-25

He can keep on extending loan repayment as long as he wants... Can take in shares if wants he makes the decision, it's $8 Million + interest, would be more like $9M or $10M by now...

No Fredy, Jeffries does not have to be paid till March 2017, they also then have the option to ask for the money back ie what the notes were valued at if POS shares are trading under 30c obviously you would want the face value of the notes back minimum, if POS is trading at $2, then they can ask for conversion ie $2 at 101 million shares....
No transactions are requirted until 2017 or if JB feels they have value for conversion then they will and probably sell into market, thats when you may want to exit before some dilution occurs. All depends on what share price is and how profitable POS is...