funding, page-2

Thinking out aloud...so please forgive my ignorance here.
Funding will obviously be required by means of our partners taking a stake and/or a CR.

If the signing produces a higher SP wherein the ESIOA & ESIOB holders would have enough equity to convert there options ( and thus cashflow directly to ESI ) wouldn't that be better than dilution?

Seeing as the conversion date say of ESIOB is 07/2017 it may be in the interests of the company to offer a discount off the 1.5 cents to encourage ESIOB holders to convert early.

Is that feasible, or have I had one too many chardies after lunch?
As I said straight off the top my head, so please be kind in your responses... ;-p)