Here is an idea. Its not revolutionary either. Lets just bite...

Here is an idea.

Its not revolutionary either. Lets just bite the bullet and do a 1-1 share raising at 3cents. Yeah it sucks, but it could be the last opportunity to keep the company afloat. And while we are at it maybe a 1-5 option at 5 cents.

That should give us enough cash to pay off these Cowboys, they wont participate in the share raising so it will dilute their holdings as well.

So that should get us back to a position where we have zero cash and convertible notes.

Next step, either change the convertible note terms or try and get a loan FROM AN ESTABLISHED FINANCIAL INSTITUTION to pay them off. At the end of the day we need them gone.

Ok so now were in a position where our only debt is a long term bank loan, or extended convertible notes... well wont you look here. Share price is building its just ticked above 5cents and some options are being converted.

At the end of the day a massive dilution is what it might take to keep this baby alive.