It doesn't matter - its a death spiral deal. Each time they want to convert it will be at 60% of the lowest 20 days which will create another new low which will convert at 60% of that low and so on and so on with each conversion requiring more and more share dilution than the one before.
But with the Kwik Jobs deal (which I cannot find revenue numbers for) may be a good catalyst for a run, but then again maybe that run has already happened.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.