ESK 0.00% 19.0¢ etherstack plc

There is still 3 mil more notes to be converted.. so what does...

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  1. 16 Posts.
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    There is still 3 mil more notes to be converted..
    so what does this mean?
    5 days ago cap was 113.5 mil * 0.14 = 15.89 mil AUD
    today at high became 350 mil.

    Will they be converting 3 mil notes into shares soon???

    Now current price of 1$ current cap is : 113 mil
    ... if it goes to 0.50 tomorrow the cap will be back to around 60 mil and someday the 6 mil notes get converted to ordinary shares ? diluting it bit further?

    Is that how it works? I am a newbie and trying to understand.
 
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