points of interest, page-7

Because convertible note companies just sell shares. They get given shares to sell, and every company that has these sort of arrangements ends up with a dreadful share price. However, the companies that use them are clearly desperate and need the funds. As I have said previously, ERJ has used these funds to buy boxes, so it is better than some other companies, who have used such funds for "working capital".

The convertible notes have been coming thick and fast recently, so perhaps they are being used to get the box installed. I would prefer if ERJ raised capital from the market and ditched the con note arrangement, because they always kill share prices- hence, this is an additional selling risk to the ERJ share price.

Oh look! We just popped up to .007. ;)