Penny stock promoters/pumpers use the term aged debt in connection with Rule 144 - meaning the note can be converted - with TSGL it is 6 months.
Why would anyone try to defend a company for having "aged debt" if they interpret it as a convertible note that can be converted into stock - then the essence of the argument would be to expect massive dilution.
IG
"Are you gonna pull those pistols or whistle Dixie?"
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