This is a pretty ugly way of getting access to funds. I will...

This is a pretty ugly way of getting access to funds. I will give credit to $NET management that they have chosen to continue to issue options... and now convertable notes to make up for thier lack of actual audited and recorded revenue.

It feels like they couldn't raise enough $$$ through a traditional share offering that they had to structure a convertable note scheme like this, and issued against the assets of the company.

As always, this is all in my opinion. Make your own assessment as to the positives of this scheme.