I would rather carry the debt on the balance sheet than experience further massive dilution. What is the problem when most here believe revenues are coming soon and we will be able to pay off our debts quickly.
Yes thankful for the support with the loan at 10% interest just don't see why it has to be changed to equity at 8 cents. This is an artificially discounted price in light of management's current "cone of silence". There is no legitimate business case to be made for debt to equity. To allow this to proceed is madness.
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