Hmmm accepting shares not cash for interest payment on...

Hmmm accepting shares not cash for interest payment on convertible note? Is no cash available or was discount to last traded price ( 1c or approx $4000 bonus ) enough bait to do it? Did the conv note holder really want more exposure.

More conv note due soon by the looks of it and I hope that each batch is not done the same as I believe there is quite a expense to the company to have the shares issued / admitted so a combined one off would always be preferable. It used to be expensive to do but maybe it is no longer and it is done electronically ?